Blog - Journal Entries Scenario 17

Journal Entries Scenario 17

Journal Entries Scenario 17

Tally Prime with GST

1.     Draw A Cheque For Rs.Personal Use 8000.00

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2.     Deposit In Bank 60000.00

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3.     Paid To John Bros By Cheque Discount Allowed By Him500.00  65000.00

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4.     Paid For Repair To Furnitures 3000.00

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5.     Sold Old News Papers1000.00

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6.     Interest Received From Bank 4000.00

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7.     Paid Rs.300 For Expenses On Goods Sold To Goyal Bros. This Amount Will Be Released From Goyal Bros.

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8.     Bought Goods From Ravi And Sons  60000.00

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9.     Paid Cartage On These Goods  500.00

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10.  Bank Intimates That Cheque Of Goyal Bros. Has Been Returned Unpaid 69000.00

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11.  The Horse Bought On March 5 Died Rupees  50000.00

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12.  Paid Rent By Cheque  60000.00

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13.  Salary For The Month Of March Remain Unpaid 300.00

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14.  Paid Municipal Texes In Cash 800.00

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15.  Commission Received 6000.00

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16.  Depreciation Charged  On Furniture @ 10 %  68000.00

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17.  Purchase Furniture Form Furniture Mart For Personal Use Worth Rs.2000.00 Office Use       Worth Rs. 5000.00

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18.  Sold Goods To Sunil For Rs.10000.00 And Carriage Paid Rs.5000.00 This Amount Is To         Be Realize From Sunil

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46 6 months ago