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

Dr

 

Cr

 

2. Paid For Miscellaneous Expenses  5,000.00

Dr

 

Cr

 

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

Dr

Cr

Dr

 

4. Purchase A Radio Set  690.00

Dr

 

Cr

 

5. Paid Salary  6,000.00

Dr

 

Cr

 

6. Paid Rent   2,000.00

Dr

 

Cr

 

7. Paid Electricity Bill   3,500.00

Dr

 

Cr

 

8.  Paid Advertisement Bill  5,000.00

Dr

 

Cr

 

9. Paid Into Bank  60,000.00

Dr

 

Cr

 

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

Dr

 

Cr

Cr

 

11. Cash Paid To Mr. Mahesh  29,000.00

Dr

 

Cr

 

12. Cash Purchase  20,000.00

Dr

 

Cr

 

13. Wages Paid  400.00

Dr

 

Cr

 

14. Cash Sales   6,000.00

Dr

 

Cr

 

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

Dr

 

Cr

Dr

 

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

Dr

 

Cr

Cr

 

17. Cash Paid To Mr. Radhey  40,000.00

Dr

 

Cr

 


85 7 months ago