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Tally Example – 2

Table of Contents

3

1 March 2020 to 10 March 2020

1. Purchase goods for Rs. 2000
2. Sold goods for Rs.1000
3. Purchase Furniture 500
4. Purchase goods from Ram 2000
5. Paid Rent 1500
6. Paid Wages 50
7. Received Interest 100
8. Sold goods to Mohan 2000
9. Paid to Ram 2000
10. Receive from Mohan 2000

4

11 March 2020 to 21 March 2020

1. Mohan started business with cash 145000
2. Purchased goods 5000
3. Sold goods to Ramesh 2000
4. Cash sales 1000
5. Received cash from Ramesh 200
6. Paid shop rent to Suresh 500
7. Purchased goods from Subhash 20000
8. Purchased furniture 6000
9. Paid to Subhash 2000
10. Paid salary to Shyam 3000
11. Receive Interest 3000

5

1 June 2019 to 15 June 2019

1. Started business with cash 20000
2. Cash purchase 95000
3. Sold goods to Varun 20000
4. Varun returned defective goods 2000
5. Purchased goods from Ruchi 40000
6. Sold goods to Pritam 24000
7. Paid insurance premium 1000
8. Paid to Ruchi 40000
9. Commission received 40000
10. Paid interest 150
11. Received from Varun 18000
12. Purchased Machinery 1500
13. Withdraw cash from personal use 300
14. Paid rent 2000
15. Paid premium for self Insurance 2000

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