Duration: 1 Hour SET-1

B.COM. (H) Semester- I- PRACTICAL EXAM: 2017

Paper-BCH 1.2 Part C: Computerized Accounts

System No.: ------ College Roll No.: --------- Max.Marks:20

University Roll No.: -------------------------- Marks Obtained:

Mobile No.: --------------------------

Signature:
Name of the Student: -------------------------------------

Invigilator’s Signature:

The company details are as follows:

i) Name-Your Name and university Roll.no

ii) Address: Your Address, Your Phone & Mobile No., Your Email ID
iii) Income tax number: ITSA 89-2007

Enter the following transactions of the Company in Tally and show various reports

 All purchase and sales transactions of goods, Payment to creditors, and receipt from debtors
are done through SBI
 Any other payment and receipt is done through PNB or cash
Balance Sheet as at 31-03-2016
Liabilities Amount Assets Amount
Capital 200000 Land and Building 50000
Profit & Loss 30000 Furniture 30000
Debentures 50000 Investment 10000
Loan from promoters 50000 Stock 170000
Provision for Tax 25000 Debtors 26500
Sundry Creditors 27500 PNB 80000
Rent out standing 8000 SBI 22000
Cash in hand 2000
Total 390500 Total 390500

The company deals in the following stocks:

Opening stock
Name of the Items Group Quantity Rate(Rs)
value
Cotton Shirts 100 pcs. 155 15,500
 Woolen Shirts 125 pcs. 420 52,500
Denim Trousers 400 pcs. 150 60,000
Woolen Trousers 100 pcs. 420 42,000
Total 170000

 The list of company debtors and creditors is as follows:

Balance
Debtors Bill No. Balance Due Creditors Bill No.
payable
Ram Sal/001 10,500 Rani Pur/221 7500
Mohan Sal/002 9200 Aarti Pur/222 12000
Shyam Sal/003 6800 Lata Pur/223 8000
Total 26500 Total 27500

Record the following transactions that took place during the year 2016.

1. Purchase from Rani: Cotton shirts 20 pcs amounted Rs. 1500. (Ref No. Pur/224)
2. Sale to Mohan: woolen shirts 125 pcs @ Rs.1000 list price each (Trade discount 20% on list
price). (Ref No. Sal/004)
3. Sale to Shyam: Denim Trousers 100 pcs amounted Rs.60000. (Ref No. Sal/005)
4. Purchased Machinery from Badal Enterprises of Rs. 45000. To pay this amount the
Company took a Loan from BOI.
5. Paid Rs.1400 to Rani in full settlement (against Ref No. Pur/224).
6. Received from Shyam Rs. 59500/- in full settlement against (Ref No. Sal/005).
7. Paid to Aarti Rs. 6600.
8. Purchase from Aarti: 20 cotton shirts amounted Rs. 20000. (Ref No. Pur/225)
9. The following expenses were paid:
a) Insurance premium Rs. 5000
b) wages Rs. 300
c) Rent (including outstanding) Rs.10000
d) Tax Rs.18000.
10. Sold all the investment for Rs. 25000.
11. Depreciate 10% p.a. on furniture.
12. Closing balance
a) Outstanding rent Rs. 5000/-
b) Provision for tax Rs. 10000/-
You are required to prepare
a) Trial Balance
b) Profit & Loss A/c
c) Balance Sheet
Duration: 1 Hour SET-3

B.COM. (H) Semester- I- PRACTICAL EXAM: 2017

Paper-BCH 1.2 Part C: Computerized Accounts

System No.: ------ College Roll No.: --------- Max.Marks:20

University Roll No.: -------------------------- Marks Obtained:

Mobile No.: --------------------------

Signature:
Name of the Student: -------------------------------------

Invigilator’s Signature:

The company details are as follows:

i) Name-Your Name and university Roll.no

ii) Address: Your Address, Your Phone & Mobile No., Your Email ID
iii) Income tax number: ITSA 90-2007

Enter the following transactions of the Company in Tally and show various reports

 All purchase and sales transactions of goods, Payment to creditors, and receipt from debtors
are done through State Bank of India
 Any other payment and receipt is done through ICICI Bank.
Balance Sheet as at 31-03-2016
Liabilities Amount Assets Amount
Capital 400000 Land and Building 100000
Profit & Loss 60000 Furniture 60000
Debentures 100000 Investment 20000
Loan from promoters 100000 Stock 340000
Provision for Tax 50000 Debtors 53000
Sundry Creditors 55000 ICICI Bank 160000
Salary outstanding 16000 State Bank of India 44000
Cash in hand 4000
Total 7,81,000 Total 7,81,000

The company deals in the following stocks:

Name of the Items Group Quantity Rate(Rs) Opening stock value
Cotton Sarees 100 pcs. 310 31000
Silk Sarees 125 pcs. 840 105000
 Cotton Kurtis 400 pcs. 300 120,000
Woollen Kurtis 100 pcs. 840 84,000
Total 3,40,000

 The list of company debtors and creditors is as follows:

Debtors Bill No. Balance Due Creditors Bill No. Balance payable
Mr.X Inv/554 21000 Mr.P Pr/01 15000
Mr.Y Inv/555 18400 Mr.Q Pr/02 24000
Mr.Z Inv/556 13600 Mr,R Pr/03 16000
Total 53000 Total 55000

Record the following transactions that took place during the year 2016.

1. Purchased 20 cotton sarees amounted Rs. 3000 from Mr. P. (Ref No. Pr/04)
2. Sold 125 Silk Sarees to Mr. Y amounted Rs. 210000. (Ref No. Inv/557)
3. Sold to Mr. Z 100 Cotton Kurtis @ Rs.1500 list price each (Trade discount 10% on list price). (Ref
No. Inv/558)
4. Purchased Air Condition of Rs. 60,000 from Croma. To pay this amount the Company raised a loan
from PNB.
5. Paid Mr. P in full settlement against (Ref No. Pr/04) Rs. 2800.
6. Received Rs.134000 from Mr. Z in full settlement against (Ref No. Inv/558).
7. Amount paid to Mr. Q Rs. 13,200.
8. Purchased 20 Cotton sarees from Mr. Q amounted Rs. 40,000. (Ref No. Pr/05)
9. Paid

Freight Charges Rs.600

Insurance Premium Rs.10,000
Salary (including Outstanding) Rs.20,000
Tax Rs.36,000.

10. Sold all the investment for Rs.50000.

11. Depreciate 10% p.a. on furniture.
12. Outstanding salary at the end of the year Rs. 10000/-
13. Total Provision for tax at the end of the year Rs. 20000/-

You are required to prepare

a) Trial Balance
b) Profit & Loss A/c
c) Balance Sheet
 Duration: 1 Hour SET-4

B.COM. (H) Semester- I- PRACTICAL EXAM: 2017

Paper-BCH 1.2 Part C: Computerized Accounts

System No.: ------ College Roll No.: --------- Max.Marks:20

University Roll No.: -------------------------- Marks Obtained:

Mobile No.: --------------------------

Signature:
Name of the Student: -------------------------------------

Invigilator’s Signature:

The company details are as follows:

i) Name-Your Name and university Roll.no

ii) Address: Your Address, Your Phone & Mobile No., Your Email ID

iii) Income tax number: ITSA 91-2007

Enter the following transactions of the Company in Tally and show various reports

 All purchase and sales transactions of goods, Payment to creditors, and receipt from debtors
are done through State Bank of India
 Any other payment and receipt is done through Bank of India.
Balance Sheet as at 31-03-2016
Liabilities Amount Assets Amount
Capital Land and Building
Profit & Loss Furniture
Debentures Investment
Loan from promoters Stock
Provision for Tax Debtors
Sundry Creditors ICICI Bank
Salary out standing State Bank of India
Cash in hand
Total Total
 The company deals in the following stocks:
Name of the Items Group Quantity Rate(Rs) Opening stock
value
Cotton Sarees 20 pcs. 150 3000
Silk Sarees 40 pcs. 500 20000
Denim Shirts 40 pcs. 300 12000
Polyster Shirts 40 pcs. 175 7000
Total 42000

 The list of company debtors and creditors is as follows:

Debtors Balance Creditors Balance
Due payable
Leela 30000 Arjun 17000
Meena 22000 Balram 13000
Nidhi 28000 Krishna 20000
Total 80000 Total
Record the following transactions that took place during the year 2016.

1. Goods purchased from Arjun

a. 60 Silk Sarees @ Rs. 1000
b. 20 Cotton Sarees @ Rs. 500
2. Purchased from Balram: 50 Denim Shirts @ Rs. 400
3. Goods sold to Leela 80 Silk Sarees @ Rs. 2000 (List Price) with Trade Dicount @ 5%.
4. Goods sold to Nidhi : Denim Shirts 40 pcs @ Rs. 800 (List Price) with Trade Discount 5%.
5. Received a cheque from Leela Rs. 1,50,000 in full settlement for transaction at Sr. No. 3.
6. Cheque received from Nidhi Rs. 25,000.
7. Paid to Arjun Rs. 67,000 in full settlement for Sr. No. 1.
8. Expenses paid
a. Carriage Inward Rs. 4,500
b. Insurance Rs. 1,800
c. Salaries Rs. 10,000
d. Tel Charges Rs. 6,400
9. Rs. 2,500 could not be recovered from Nidhi.
10. Depreciation 5% on Machinery and Furniture
11. Closing balance of o/s Tel Charges Rs. 10,000.

You are required to prepared

a) Profit & Loss A/c

b) Balance Sheet
c) Trial Balance