Blog - Journal Entries Scenario 16

Journal Entries Scenario 16

Journal Entries Scenario 16

Tally Prime with GST

1.     Paid Into Bank 70000.00

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2.     Bought Good For Cash  5000.00

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3.     Drew Cash From Bank For Office 4000.00

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4.     Received Cheque  By Manish 10000.00

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5.     Return Goods To Huri  10000.00

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6.     Paid To Ganga & Company By Cheque18000.00

       Received Discount  200.00

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7.     Sale Old News Paper  500.00

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8.     Received Bank Interest  1000.00

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9.     Received Cheque From Gopal & Co. 6750.00

        Discount Paid  250.00

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10.  Loss By Fire 1000.00

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11.  Return Goods By Gopal & Co.10000.00

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12.  Insured Goods Loss By Fire 10500.00

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13.  Accept Claim By Insurance Company 10000.00

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14.  Started Business With Cash 100000.00 And Goods Worth 45000.00  And Furniture Worth 50000.00

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15.  Deposit Bank  50000.00

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16.  Bought Good From Bros On Credit 10000.00

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17.  Sold Goods To Goyal Bros.On Credit  9000.00

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18.  Bought A House  50000.00

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19.  Received From Traveling Salesman For Goods Sold By Him 30000.00

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252 1 year ago