Blog - Journal Entries Scenario 3

Journal Entries Scenario 3

Journal Entries Scenario 3

Tally Prime with GST

1. Sold Goods For Cash  50,000.00

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2. Paid For Miscellaneous Expenses  5,000.00

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3. Received From Mr. Trilok Chand  6,850.00 & Allowed Him Discount  150.00

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4. Purchase A Radio Set  690.00

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5. Paid Salary  6,000.00

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6. Paid Rent   2,000.00

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7. Paid Electricity Bill   3,500.00

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8.  Paid Advertisement Bill  5,000.00

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9. Paid Into Bank  60,000.00

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10. Cash Paid To Miss Bina And  39,300.00 & She Allowed Us Discount  700.00

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11. Cash Paid To Mr. Mahesh  29,000.00

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12. Cash Purchase  20,000.00

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13. Wages Paid  400.00

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14. Cash Sales   6,000.00

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15. Cash Received From Mr. Suresh  19,500.00  And Discount Allowed  200.00

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16.  Cash Paid To Munna  5,750.00 And Discount Received  250.00

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17. Cash Paid To Mr. Radhey  40,000.00

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452 1 year ago