Kalp Accounting Learning Articles

Practice Sheet - 2 (Transactions for the month of May' 2021) TRIMURTHY TRADERS (Prop : Mr. Surya Krishnamurthy)  Financial Year : 2021-22(April' 2021 to March' 2022) Assessment Year : 2022-23 (April' 2022 to March' 2023) Date : 31/05/2021 (Transaction No. 33) Amount received from Radhakrishna Enterprises, Odisha for ₹1,50,033.96 through NEFT towards outstanding due, credited into Axis Bank Current Account. Journal Entry Let's see how to enter the above transaction in TallyPrime. Steps to enter in TallyPrime. Go to Voucher Entry Screen Press 'F6' or click on 'F6:Receipt'  Press 'F2' or click on 'F2:Date' to enter Date of Voucher/Date of Transaction. Place Debit Ledger and Credit Ledger Accounts with amount as mentioned in the image below. Press 'Ctrl+A' to Accept/Save Voucher. Now Voucher Entry for the above transaction is Complete.    << Previous | Next >> Practice Sheet    1    2    3     4    5    6

Practice Sheet - 2 (Transactions for the month of May' 2021) TRIMURTHY TRADERS (Prop : Mr. Surya Krishnamurthy)  Financial Year : 2021-22(April' 2021 to March' 2022) Assessment Year : 2022-23 (April' 2022 to March' 2023) Date : 31/05/2021 (Transaction No. 32) Chq No-102321 received from Santoshi Trading Co., Odisha for ₹1,45,901.40 towards outstanding due and deposited into Axis Bank Current Account. Journal Entry Let's see how to enter the above transaction in TallyPrime. Steps to enter in TallyPrime. Go to Voucher Entry Screen Press 'F6' or click on 'F6:Receipt'  Press 'F2' or click on 'F2:Date' to enter Date of Voucher/Date of Transaction. Place Debit Ledger and Credit Ledger Accounts with amount as mentioned in the image below. Press 'Ctrl+A' to Accept/Save Voucher. Now Voucher Entry for the above transaction is Complete.    << Previous | Next >> Practice Sheet    1    2    3     4    5    6    7

Practice Sheet - 2 (Transactions for the month of May' 2021) TRIMURTHY TRADERS (Prop : Mr. Surya Krishnamurthy)  Financial Year : 2021-22(April' 2021 to March' 2022) Assessment Year : 2022-23 (April' 2022 to March' 2023) Date : 31/05/2021 (Transaction No. 31) ₹196/- paid towards petrol for vehicle. Journal Entry Let's see how to enter the above transaction in TallyPrime. Steps to enter in TallyPrime. Go to Voucher Entry Screen Press 'F5' or click on 'F5:Payment'  Press 'F2' or click on 'F2:Date' to enter Date of Voucher/Date of Transaction. Place Debit Ledger and Credit Ledger Accounts with amount as mentioned in the image below. Press 'Ctrl+A' to Accept/Save Voucher. Now Voucher Entry for the above transaction is Complete.    << Previous | Next >> Practice Sheet    1    2    3     4    5    6    7     8    9    10     11     12    

Practice Sheet - 2 (Transactions for the month of May' 2021) TRIMURTHY TRADERS (Prop : Mr. Surya Krishnamurthy)  Financial Year : 2021-22(April' 2021 to March' 2022) Assessment Year : 2022-23 (April' 2022 to March' 2023) Date : 31/05/2021 (Transaction No. 30) ₹842/- paid towards medicine for staff. Journal Entry Let's see how to enter the above transaction in TallyPrime. Steps to enter in TallyPrime. Go to Voucher Entry Screen Press 'F5' or click on 'F5:Payment'  Press 'F2' or click on 'F2:Date' to enter Date of Voucher/Date of Transaction. Create Ledger Name 'Staff Welfare Expenses A/c' under Group 'Indirect Expenses'. Place Debit Ledger and Credit Ledger Accounts with amount as mentioned in the image below. Press 'Ctrl+A' to Accept/Save Voucher. Now Voucher Entry for the above transaction is Complete.    << Previous | Next >> Practice Sheet    1    2    3     4    5    6    7     8   

Practice Sheet - 2 (Transactions for the month of May' 2021) TRIMURTHY TRADERS (Prop : Mr. Surya Krishnamurthy)  Financial Year : 2021-22(April' 2021 to March' 2022) Assessment Year : 2022-23 (April' 2022 to March' 2023) Date : 31/05/2021 (Transaction No. 29) Amount paid to Mr. Ajit Patel towards market visit for ₹2,510/-. Journal Entry Let's see how to enter the above transaction in TallyPrime. Steps to enter in TallyPrime. Go to Voucher Entry Screen Press 'F5' or click on 'F5:Payment'  Press 'F2' or click on 'F2:Date' to enter Date of Voucher/Date of Transaction. Create Ledger Name 'Travelling Expenses A/c' under Group 'Indirect Expenses'. Place Debit Ledger and Credit Ledger Accounts with amount as mentioned in the image below. Press 'Ctrl+A' to Accept/Save Voucher. Now Voucher Entry for the above transaction is Complete. << Previous | Next >> Practice Sheet    1    2    3     4    5

Practice Sheet - 2 (Transactions for the month of May' 2021) TRIMURTHY TRADERS (Prop : Mr. Surya Krishnamurthy)  Financial Year : 2021-22(April' 2021 to March' 2022) Assessment Year : 2022-23 (April' 2022 to March' 2023) Date : 31/05/2021 (Transaction No. 28) ₹120/- paid to Krishna Variety Store as per Cash Memo No-780 for purchase of Office Stationery. Journal Entry Let's see how to enter the above transaction in TallyPrime. Steps to enter in TallyPrime. Go to Voucher Entry Screen Press 'F5' or click on 'F5:Payment'  Press 'F2' or click on 'F2:Date' to enter Date of Voucher/Date of Transaction. Place Debit Ledger and Credit Ledger Accounts with amount as mentioned in the image below. Press 'Ctrl+A' to Accept/Save Voucher. Now Voucher Entry for the above transaction is Complete. << Previous | Next >> Practice Sheet    1    2    3     4    5    6    7     8    9    10     11     12    

Practice Sheet - 2 (Transactions for the month of May' 2021) TRIMURTHY TRADERS (Prop : Mr. Surya Krishnamurthy)  Financial Year : 2021-22(April' 2021 to March' 2022) Assessment Year : 2022-23 (April' 2022 to March' 2023) Date : 31/05/2021 (Transaction No. 27) Amount paid to Sagar Traders, Odisha for ₹4,00,000/- through RTGS drawn from Axis Bank Current A/c towards outstanding due. Journal Entry Let's see how to enter the above transaction in TallyPrime. Steps to enter in TallyPrime. Go to Voucher Entry Screen Press 'F5' or click on 'F5:Payment'  Press 'F2' or click on 'F2:Date' to enter Date of Voucher/Date of Transaction. Place Debit Ledger and Credit Ledger Accounts with amount as mentioned in the image below. Press 'Ctrl+A' to Accept/Save Voucher. Now Voucher Entry for the above transaction is Complete. << Previous | Next >> Practice Sheet    1    2    3     4    5    6    7     8    9    10     1

Practice Sheet - 2 (Transactions for the month of May' 2021) TRIMURTHY TRADERS (Prop : Mr. Surya Krishnamurthy)  Financial Year : 2021-22(April' 2021 to March' 2022) Assessment Year : 2022-23 (April' 2022 to March' 2023) Date : 31/05/2021 (Transaction No. 26) Chq No-700105 of Axis Bank Current A/c for ₹2,31,438/- issued to Krishna Enterprises, Odisha towards outstanding due. Journal Entry Let's see how to enter the above transaction in TallyPrime. Steps to enter in TallyPrime. Go to Voucher Entry Screen Press 'F5' or click on 'F5:Payment'  Press 'F2' or click on 'F2:Date' to enter Date of Voucher/Date of Transaction. Place Debit Ledger and Credit Ledger Accounts with amount as mentioned in the image below. Press 'Ctrl+A' to Accept/Save Voucher. Now Voucher Entry for the above transaction is Complete. << Previous | Next >> Practice Sheet    1    2    3     4    5    6    7     8    9    10     11    

Practice Sheet - 2 (Transactions for the month of May' 2021) TRIMURTHY TRADERS (Prop : Mr. Surya Krishnamurthy)  Financial Year : 2021-22(April' 2021 to March' 2022) Assessment Year : 2022-23 (April' 2022 to March' 2023) Date :02/05/2021 (Transaction No. 25) Amount paid towards petrol for vehicle for ₹185/-. Journal Entry Let's see how to enter the above transaction in TallyPrime. Steps to enter in TallyPrime. Go to Voucher Entry Screen Press 'F5' or click on 'F5:Payment'  Press 'F2' or click on 'F2:Date' to enter Date of Voucher/Date of Transaction. Place Debit Ledger and Credit Ledger Accounts with amount as mentioned in the image below. Press 'Ctrl+A' to Accept/Save Voucher. Now Voucher Entry for the above transaction is Complete. << Previous | Next >> Practice Sheet    1    2    3     4    5    6    7     8    9    10     11     12    

Practice Sheet - 2 (Transactions for the month of May' 2021) TRIMURTHY TRADERS (Prop : Mr. Surya Krishnamurthy)  Financial Year : 2021-22(April' 2021 to March' 2022) Assessment Year : 2022-23 (April' 2022 to March' 2023) Date : 02/05/2021 (Transaction No. 24) Amount paid towards staff food expenses for ₹4600/-. Journal Entry Let's see how to enter the above transaction in TallyPrime. Steps to enter in TallyPrime. Create Ledger Name 'Staff Food Expenses A/c' under Group 'Indirect Expenses' Go to Voucher Entry Screen Press 'F5' or click on 'F5:Payment'  Press 'F2' or click on 'F2:Date' to enter Date of Voucher/Date of Transaction. Place Debit Ledger and Credit Ledger Accounts with amount as mentioned in the image below. Press 'Ctrl+A' to Accept/Save Voucher. Now Voucher Entry for the above transaction is Complete. << Previous | Next >> Practice Sheet    1    2    3     4    5    6    7   

Practice Sheet - 2 (Transactions for the month of May' 2021) TRIMURTHY TRADERS (Prop : Mr. Surya Krishnamurthy)  Financial Year : 2021-22(April' 2021 to March' 2022) Assessment Year : 2022-23 (April' 2022 to March' 2023) Date : 02/05/2021 (Transaction No. 23) ₹2050/- paid to Chanakya Art towards Advertisement and publicity expenses as per Bill No-270. Journal Entry Let's see how to enter the above transaction in TallyPrime. Steps to enter in TallyPrime. Create Ledger Name 'Advertisement Expenses A/c' under Group 'Indirect Expenses' Go to Voucher Entry Screen Press 'F5' or click on 'F5:Payment'  Press 'F2' or click on 'F2:Date' to enter Date of Voucher/Date of Transaction. Place Debit Ledger and Credit Ledger Accounts with amount as mentioned in the image below. Press 'Ctrl+A' to Accept/Save Voucher. Now Voucher Entry for the above transaction is Complete. << Previous | Next >> Practice Sheet

Practice Sheet - 2 (Transactions for the month of May' 2021) TRIMURTHY TRADERS (Prop : Mr. Surya Krishnamurthy)  Financial Year : 2021-22(April' 2021 to March' 2022) Assessment Year : 2022-23 (April' 2022 to March' 2023) Date : 02/05/2021 (Transaction No. 22) ₹420/- paid to CESU towards electricity charges for the month of April ‘ 2021. Journal Entry Let's see how to enter the above transaction in TallyPrime. Steps to enter in TallyPrime. Create Ledger Name 'Electricity Charges A/c' under Group 'Indirect Expenses' Go to Voucher Entry Screen Press 'F5' or click on 'F5:Payment'  Press 'F2' or click on 'F2:Date' to enter Date of Voucher/Date of Transaction. Place Debit Ledger and Credit Ledger Accounts with amount as mentioned in the image below. Press 'Ctrl+A' to Accept/Save Voucher. Now Voucher Entry for the above transaction is Complete. << Previous | Next >> Practice Sheet    1    2    3

Practice Sheet - 2 (Transactions for the month of May' 2021) TRIMURTHY TRADERS (Prop : Mr. Surya Krishnamurthy)  Financial Year : 2021-22(April' 2021 to March' 2022) Assessment Year : 2022-23 (April' 2022 to March' 2023) Date : 02/05/2021 (Transaction No. 21) ₹365/- paid to Krishna Variety Store as per Cash Memo No-510 for purchase of Office Stationery. Journal Entry Let's see how to enter the above transaction in TallyPrime. Steps to enter in TallyPrime. Go to Voucher Entry Screen Press 'F5' or click on 'F5:Payment'  Press 'F2' or click on 'F2:Date' to enter Date of Voucher/Date of Transaction. Place Debit Ledger and Credit Ledger Accounts with amount as mentioned in the image below. Press 'Ctrl+A' to Accept/Save Voucher. Now Voucher Entry for the above transaction is Complete. << Previous | Next >> Practice Sheet    1    2    3     4    5    6    7     8    9    10     11     12

Practice Sheet - 2 (Transactions for the month of May' 2021) TRIMURTHY TRADERS (Prop : Mr. Surya Krishnamurthy)  Financial Year : 2021-22(April' 2021 to March' 2022) Assessment Year : 2022-23 (April' 2022 to March' 2023) Date : 02/05/2021 (Transaction No. 20) Amount paid to Mr. Rakesh Das towards Rent for the month of April’ 2021 for ₹4,000/-. Journal Entry Let's see how to enter the above transaction in TallyPrime. Steps to enter in TallyPrime. Create Ledger Name 'Rent A/c' under Group 'Indirect Expenses'. Go to Voucher Entry Screen Press 'F5' or click on 'F5:Payment'  Press 'F2' to enter Date of Voucher/Date of Transaction. Place Debit Ledger and Credit Ledger Accounts with amount as mentioned in the image below. Press 'Ctrl+A' to Accept/Save Voucher. Now Voucher Entry for the above transaction is Complete. << Previous | Next >> Practice Sheet    1    2    3     4    5    6    7     8    9