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Accounting Transactions Exercises II

By Pashupati Thakur

Accounting Transactions Exercises, Tally ERP9
Accounting Transactions Exercises

TRANSACTIONS EXERCISES:

  • Loan from Bank $12000.
                Loan a/c Dr. - $12000
                To Bank a/c Cr. - $12000
  • Amount of $35000 received for conducting seminar.
                Cash a/c Dr. - $35000
                To Seminar a/c Cr. - $35000
  • Received for doing DTP work $250.
                Cash a/c Dr. - $250
                To DTP work a/c Cr. - $250
  • Paid for convenience charge $150.
                Convenience a/c Dr. - $150
                To Cash a/c Cr. - $150
  • Amount paid for advertising.
                Advertising a/c Dr.
                To Cash a/c Cr.
  • Paid for convenience charge $350.
                Convenience a/c Dr. - $350
                To Cash a/c Cr. - $350
  • Amount for admission received $5000.
                Cash a/c Dr. - $5000
                To Admission a/c Cr. - $5000                
  • Spent amount for printing $250.
                Printing a/c Dr. - $250
                To Cash a/c Cr. - $250
  • Invest in ICICI Bank $50000.
                ICICI Bank a/c Dr. - $50000
                To Cash a/c Cr. - $50000
  • Received for doing DTP work $450.
                Cash a/c Dr. - $450
                To DTP work a/c Cr. - $450
  • Received donation of $120000 from Godrej.
                Cash a/c Dr. - $120000
                To Godrej a/c Cr. - $120000
  • Purchase furniture of $80000.
                Furniture a/c Dr. - $80000
                To Cash a/c Cr. - $80000
  • Spent an amount for printing $400.
                Printing a/c Dr. - $400
                To Cash a/c Cr. - $400
  • Paid interest on loan $2500.
                Loan interest a/c Dr. - $2500
                To Cash a/c Cr. - $2500
  • Paid for convenience charge $350.
                Convenience a/c Dr. - $350
                To Cash a/c Cr. - $350
  • Deposit in Bank $15000.
                Bank a/c Dr. - $15000
                To Cash a/c Cr. - $15000
  • Received for doing DTP work $550.
                Cash a/c Dr. - $550
                To DTP work a/c Cr. - $550
  • Amount for using internet $500.
                Internet a/c Dr. - $500
                To Cash a/c Cr. - $500
  • Paid for tea & refreshment $475.
                Tea & refreshment a/c Dr. - $475
                To Cash a/c Cr. - $475
  • Advance salary paid to instructors $5000.
                Salary a/c Dr. - $5000
                To Cash a/c Cr. - $5000

Note: Transactions exercises will be continued in next article.


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