How To Journal Entries For Tally Practice

Journal entries for tally practice Complete Information

Purchase voucher, Sales Voucher, Payment Voucher, Journal Voucher or Contra Voucher etc., you were given different types of transactions so that you can understand how to create Voucher entry, ledger and remove the group of ledger as well as what GST Entry you need. How to do it, complete information is given. In this article you will learn –
Tally erp 9 Practice Book pdf free download
Journal Entries for Tally Practice,
Tally Entries for practice,
Tally ERP 9 Practical Exercises pdf has been prepared in which

If you do not already have complete information about Tally, then you should first study according to Tally Full Course so that you can understand all the topics, if there is any problem, comment in the comment box below.

Journal Entries for Tally Practice

To learn Tally, it is very important to have knowledge of accounting and Tally accounting software, keeping this in mind, we have prepared Journal Entries for Tally Practice in which you will get to see many types of transactions for which we have made Journal Entry-

Tally Entries for Practice Company 1 – Journal entry of the following transactions in the books of Shri R.K.Sonkar Traders Dhamtari in the accounting book for the financial year 2022 – 2023.

1. Shri R.K.Sonkar Traders Dhamtari started with Rs.200000.
2. Bought 20000 furniture for the office.
3. Bought a computer system of Rs 15000 for the office.
4. 1000 deposited and opened current account in Bank of Baorda.
5. Deposited 1 lakh 50 thousand in Bank of Baroda.
6. Office maintenance was paid by check of Rs.15 thousand.
7. 2000 rupees for Office Painting paid by check.
8. The owner of the business took out Rs 5000 from the bank for his own use.
9. 2000 rupees given for flex printing.
10. Withdraw 5000 rupees from the bank.

Friends, as we have now reached Journal Entries for Tally Practice, above we have given 10 transaction examples for you, when we work in tally erp 9, tally prime, then we will have similar type of transactions to you, when you will get like this. If there is a transaction, first you have to understand the transaction and identify 2 ledgers from each transaction and identify their under group, then let’s identify 2 ledger and remove their under group –

S.No.	Name of Ledger	Ledger Under Group
1	Capital A/c	Capital Account
2	Cash A/c	Cash Account
3	Furniture A/c	Fixed Assets
4	Computer System A/c	Fixed Assets
6	Bank of Baroda A/c	Bank Accounts
7	Office Maintenance A/c	Indirect Expenses
8	Drawing A/c	Capital Account
9	Printing Charge A/c	Indirect Expenses

Journal Entries for Tally Practice

Note – By identifying 2 ledger from each transaction we have found out two types of ledger and identify their under group but, remember any ledger will remain same and cash account is already created in tally erp 9 and tally prime it more no need to make

Now after removing ledger and under group we will create ledger in tally erp 9 tally prime, after that we will do Voucher Entries –

Date	Particular	Dr. Amount	Cr. Amount	Voucher
1-4-2021	Capital A/c Dr. To Cash A/c Cr. (Shree R.K.Sonkar Traders Dhamtari started with Rs.200000)	200000	200000	Receipt Voucher F6
1-4-2021	Furniture A/c Dr. To Cash A/C Cr. (Bought 20000 furniture for office)	20000	20000	Payemnt Voucher F5
1-4-2021	Computer A/c Dr. To Cash A/c Cr. (15000 rupees computer system bought for office)	15000	15000	Payemnt Voucher F5
1-4-2021	Bank of Bank A/c Dr. to Cash A/c Cr. (1000 deposit and opened current account in bank of baroda)	1000	1000	Contra Voucher F4
1-4-2021	Bank of Bank A/c Dr. to Cash A/c Cr. (1 lakh 50 thousand deposited in bank of baroda)	150000	150000	Contra Voucher F4
1-4-2021	Office Maintenance A/c Dr. To Bank A/c Cr. (15 thousand rupees of office maintenance was paid by check)	15000	15000	Payemnt Voucher F5
1-4-2021	Office Maintenance A/c Dr. To Bank A/c Cr. (2000 rupees for Office Painting paid by check)	2000	2000	Payment Voucher F5
1-4-2021	Drawing A/c Dr. to Bank A/c Cr. (The owner of the business took out Rs 5000 from the bank for his own use.)	5000	500	Payment Voucher F5
1-4-2021	Printing Expenses A/c Dr. to Cash A/c Cr. (2000 rupees for flex printing)	2000	2000	Payment Voucher F5
1-4-2021	Cash A/c Dr. to Bank of Baroda A/c Cr. (Withdraw 5000 rupees from bank)	5000	5000	Contra Voucher F4

Journal Entries for Tally Practice

Transaction 1 – Friends started business by investing 2 lakh capital in this transaction, so the account of business is Capital account, hence the capital account received by Dr. And the paying cash account Cr. Will happen.

Transaction 2 – Friends, furniture worth 20 thousand rupees has been bought in this transaction, which will be a property for us. Hence the upcoming furniture account Dr. and outgoing cash account Cr. Will happen. (Golden Rules – Real Account)

Transaction 3 – Friends, in this transaction, a computer of 15 thousand rupees has been bought, which will be a property for us. So the coming computer account Dr. and going cash account cr. Will happen. (Golden Rules – Real Account)

Transaction 4 – Friends, in this transaction, the bank account is being opened with 1 thousand rupees. So the bank account that gets Dr. and the giver / outgoing cash account cr. Will happen. (Golden Rules – Personal / Real Account)

Transaction 5 – Friends, in this transaction, 1 lakh 50 thousand rupees are being deposited in the bank account. So the bank account that gets Dr. and the giver / outgoing cash account cr. Will happen. (Golden Rules – Personal / Real Account)

Transaction 6 – Friends, in this transaction, 15 thousand rupees are being spent in office repairs. So the recipient of Office maintance a/c Dr. and the giver / outgoing cash account cr. Will happen. (Golden Rules – Personal / Real Account)

Transaction 7 – Friends, in this transaction, 2 thousand rupees are being spent in office painting. Painting work is also a type of repair work, so we will put it in Office maintance a/c. So the recipient of Office maintance a/c Dr. and the giver / outgoing cash account cr. Will happen. (Golden Rules – Personal / Real Account)

Transaction 8 – Friends, in this transaction, 5 thousand rupees are being withdrawn by the owner of the business for his own expenses, that is why it is a withdrawal of capital. So we will put it in Drawing A/c. Hence the drawee Drawing A/c Dr.. and the payee / outgoing bank account cr. Will happen. (Golden Rules – Personal Account)

Transaction 9 – Friends, in this transaction, 2 thousand rupees are being spent in office printing, so we call it Printing Expenses A/c. will put in Hence the Printing Expenses to be received is A/c Dr. and the giver / outgoing cash account cr. Will happen. (Golden Rules – Personal / Real Account)

Transaction 10 – Friends, 5 thousand rupees are being withdrawn from the bank account in this transaction. So the recipient / incoming cash account Dr. And the paying bank account cr. Will happen. (Golden Rules – Personal / Real Account)

In this way, you can practice journal entry of tally erp 9 practice, then you can do voucher entry by going to tally erp 9 / tally prime.

Tally ERP 9 Practical Exercises pdf | Journal Entries for Tally Practice Example 2 –

Company 1 – Do the following transactions in the books of Shri R.K.Sonkar Traders Dhamtari journal entry in the accounting book for the financial year 2021 – 2022.

• 1000 Bag Cement per bag 150 Bought from Ambuja Cement Company.
• Bought 10 quintal bars (rods) from Laxmi Traders per quintal 3000.
• 1500 rupees for electricity bill.
• The shop rented Rs.2000.
• On receipt of 100 bags of cement defective, sent back to Ambuja Cement Company.
• 800 bags of cement sold to Lakhan Lal Mistry at Rs.250 per bag.
• Lakhan Lal Mistry received Rs 2 lakh which was deposited in Bank of Baroda.
• Bank of Baroda deducted Rs.30 from sms charge.
• Intrest Rs 1500 was received from Bank of Baroda.
• Returned 2 bags of cement defective from Lakhan Lal Mistry.

S.No	Ledger	Under Group
1	Ambuja Cement Company	Sundry Creditor
2	Purchase Account	Purchase Account
3	Laxmi Traders	Sundry Creditor
4	Electricity Bill	Indirect Expenses
5	Rent	Indirect Expenses
6	Purchase Return A/c	Purchase Account
7	Lakhan Mistri	Sundry Debtor
8	Sales A/C	Sales Account
9	SMS Charge	Indirect Expenses
10	Interest Received	Indirect Income
11	Sales Return A/c	Sales Account

Journal Entries for Tally Practice

Transaction 1- Bought 1000 Bag Cement per bag 150 from Ambuja Cement Company.
Journal entry / Voucher entry

Purchase A/C – 150000
To Ambuja Cement Company Cr. – 150000
(Bought 1000 Bag Cement per bag 150 from Ambuja Cement Company)

Transaction 2- Bought 10 quintal bars (rods) from Laxmi Traders per quintal 3000.
Journal entry / Voucher entry

Purchase A/C – 30000
To Laxmi Traders Cr. – 30000
(Bought 10 quintal rods from Laxmi Traders, 3000 per quintal)

Transaction 3- Paid Rs 1500 of electricity bill.
Journal entry / Voucher entry

Electricity Bill A/C Dr. – 1500
To Cash A/c Cr. – 1500
(Bought 10 quintal bars from Laxmi Traders

Transaction 4 – Shop rent paid Rs.2000.
Journal entry / Voucher entry

Rent A/C Dr. – 2000
To Cash A/c Cr. – 2000
(Given Rs 2000 for shop rent)

Transaction 5- 100 bags of cement sent back to Ambuja Cement Company upon receipt of defective.
Journal entry / Voucher entry

Ambuja Cement Company Dr. – 15000
To Purchase A/c Cr. – 15000
(Sent back to Ambuja Cement Company after receiving 100 bags of cement defective)

Transaction 6- Sold 800 bags of cement to Lakhan Lal Mistry for Rs 250 per bag.
Journal entry / Voucher entry

Lakhan Lal Mistry A/C Dr. – 200000
To Sales A/c Cr. – 200000
(Sold 800 bags of cement to Lakhan Lal Mistry at 250 per bag)

Transaction 7- Lakhan Lal Mistry received Rs 2 lakh which was deposited in Bank of Baroda.
Journal entry / Voucher entry

Bank of Baorda A/C Dr. – 200000
To Cash A/c Cr. – 200000
(Lakhtan Lal Mistry received Rs 2 lakh which was deposited in Bank of Baroda)

Transaction 8- Bank of Baroda deducted Rs.30 from sms charge.
Journal entry / Voucher entry

SMS Charge A/C Dr. – 30
To Bank of Baroda A/c Cr. – 30
(Bank of Baroda deducted Rs.30 from sms charge)

Transaction 9- Interest Rs 1500 was received from Bank of Baroda.
Journal entry / Voucher entry

Bak of Baorda A/C Dr. – 1500
To Interest A/c Cr. – 1500
(Interest received Rs 1500 from Bank of Baroda)

Transaction 10- Refunded on receipt of 2 bags defective cement from Lakhan Lal Mistry.
Journal entry / Voucher entry

Sales Return A/C Dr. – 300
To Lakhan Lal A/c Cr. – 300
(Refunded after receiving 2 bags of cement defective from Lakhan Lal Mistry)

Practice Book Example 3 – tally erp 9 practice_book with GST (Goods & Service Tax)

Make a journal / voucher entry of the following transactions in the accouting book of Company 2 – shri Kushal Cloth Store.
Fy – 2021 – 2022
Books Beginning from – 2021
Address – Ghadi Chowk Dhamtari Chhattisgarh Pin – 493773

• Shri kushal cloth store started from Rs 5 lakh.
• Opened an account in SBI Bank Dhamtari with Rs 3 lakh.
• Bought the furniture for the shop for Rs. 10000.
• Bought clothes worth Rs 2 lakh from Shree Cloth Store Raipur and paid 12% GST.
• 2000 rupees for electricity bill.
• Gave 100 rupees for tea and snacks.
• Telephone bill of Rs. 1500 was paid by cheque.
• 1500 as interest received from SBI Bank.
• 5000 of the rent paid by cheque.
• Sold clothes worth Rs. 1 lakh to Shree Trisha Cloth Center Colliery with 12% GST.
• Gave 2500 rupees for the car fare.
• Shree Cloth Store Raipur sent back clothes worth Rs 15000 on receipt of damages.
• Office maintenance given Rs.2000.
• Withdraw Rs 5000 from SBI bank for petty cash.
• Shree Trisha came back from Cloth Center colliery due to damage of clothes worth Rs 10 thousand.
• Received a Bank of Baroda Bank check of Rs 90 thousand from Shree Trisha Cloth Center Colliery.
• 50 thousand was paid to Shree Cloth Store Raipur and got 5% cash discount.
• Clothes worth Rs 2 thousand got spoiled.
• Bought a computer system for Rs 15000 for the shop.
• 5000 given for the decoration of the shop.

Solution –
Before doing Voucher Entry in Tally, we have to create ledger of all transactions, so let us first create ledger –
1- Go to gateway of tally
2- Accounts Info
3- Select Ledger
4- Create

Now the screen of ledger creation will be being displayed in front of you, in which create all ledgers one by one and make GST ledger, yes to GST and fill in the related information.

Now we have to do important work in which we will create Stock Item for GST Entry, in which we will carefully input the GST Rate. If

Ledger	Ledger Under Group
Capital A/c	Capital Account
SBI Bank Dhamtari	Bank Account
Furniture A/C	Fixed Account
Purchase A/c	Purchase Account
SGST	Duties & Taxes
CGST	Duties & Taxes
IGST	Duties & Taxes
Shri Cloth Store Raipur	Sundry Creditor
Electricity Bill A/c	Indirect Expenses
Food & Snacks	Indirect Expenses
Telephone Bill A/c	Indirect Expenses
Bank Interest Received A/c	Indirect Income
Rent	Indirect Expenses
Trisha Cloth Cneter	Sundry Debitor
Sales	Sales
Wages A/c	Direct Expenses
Purchase Return A/c	Purchase Account
Petty Cash A/c	Cash Account
Sales Return	Sales
Cash Discount Received A/c	Indirect Income
Cloth Damage	Indirect Expenses
Computer System A/C	Fixed Assets

Transaction 1- Shri kushal cloth store started from Rs. 5 lakh.
Voucher entry in Receipt Voucher F6
Capital A/c Dr. 500000
to Cash Cr. 50000
(Shri kushal cloth store started from 5 lakh rupees.)

Transaction 2. Opened an account in SBI Bank Dhamtari with Rs 3 lakh.
Voucher entry in Contra Voucher F4
SBI Bank Dhamtari A/c Dr. 300000
to Cash A/c Cr. 300000
(Opened account in SBI Bank Dhamtari with Rs.3 lakh)

Transaction 3. Bought furniture worth Rs 10000 for the shop.
Voucher entry in Payment Voucher
Furniture A/c 10000
to Cash A/c cr. 10000
Bought the furniture for the shop for Rs. 10000.

Transaction 4. Purchased clothes worth Rs. 2 lakh from Shree Cloth Store, Raipur and paid 12% GST.
Voucher entry in Purchase Voucher
Purchase A/c Dr. 200000
CGST A/c Dr. 12000
SGST A/c Dr. 12000
to shri cloth store raipur ac 224000
(Bought clothes worth Rs 2 lakh from Shree Cloth Store Raipur and paid 12% GST)

Transaction 5. Electricity bill of Rs.2000.
Voucher entry in Payment Voucher
Electricity Bill A/c Dr. 2000
to cash ac/c cr. 2000
(2000 rupees of electricity bill.)

Transaction 6. Gave Rs.100 for tea and snacks.
Voucher entry in Payment Voucher
Food & Snacks A/c Dr. 100
to Cash A/c Cr. 100
(Given Rs.100 for tea and snacks)

Transaction 7. Telephone bill paid by check of Rs. 1500.
Voucher entry in Payment Voucher
Telephne Bill Dr. 1500
SBI Bank A/c Cr. 1500
(Telephone bill of Rs.1500 paid by check)

Transaction 8. Rs 1500 interest was received from SBI Bank.
Voucher entry in Receipt Voucher
SBI Bank A/c Dr. 1500
Bank Interest Received A/c Cr. 1500
(Interest received from SBI Bank Rs. 1500)

Transaction 9. Rs 5000 of rent paid by check.
Voucher entry in Payment Voucher
Rent A/c Dr. 5000
SBI Bank A/c Cr. 5000
(Rs 5000 of rent paid by check)

Transaction 10. Sold clothes worth Rs. 1 lakh to Shree Trisha Cloth Center Colliery with 12% GST.
Voucher entry in Sales Voucher
Shri Trisha cloth center Dr. 112000
Sales A/c Cr. 100000
CGST A/c Cr. 6000
SGST A/c Cr. 6000
(Sold clothes worth Rs.1 lakh to Shree Trisha Cloth Center Colliery with 12% GST)

Transaction 11. Gave Rs. 2500 for the train fare.
Voucher entry in Payment Voucher
Wages A/c Dr. 2500
Cash A/c Cr. 2500
(Given Rs. 2500 for car fare)

Transaction 12. Shree Cloth Store Raipur sent back clothes worth Rs 15000 on receipt of damages.
Voucher entry in Journal Voucher
Shri Cloth Store Raipur Dr. 15000
to Purchae Return A/c Cr. 13800
to CGST A/c Cr. 600
to SGST A/c Cr. 600
(Shri Cloth Store Raipur sent back clothes worth Rs 15000 on receipt of damages)

Transaction 13. Office maintenance given Rs.2000.
Voucher entry in Payment Voucher
Office Maintenance A/c Dr. 2000
Cash A/c Cr. 2000
(office maintenance given Rs.2000)

Transaction 14. Withdraw Rs 5000 from SBI bank for petty cash.
Voucher entry in Payment Voucher
Petty Cash A/c Dr. 5000
SBI Bank A/c Cr. 5000
(Withdraw Rs.5000 from SBI Bank for petty cash)

Transaction 15. Mr. Trisha came back from Cloth Center colliery due to damage of clothes worth Rs. 10 thousand.
Voucher entry in Journal Voucher
Sales Reutrn A/c Dr. 8800
CGST A/c Dr. 600
SGST A/c Dr. 600
to Tirsha Cloth Center A/c Cr. 10000
(Shri Trisha came back from Cloth Center colliery due to damage of clothes worth Rs 10 thousand)

Transaction 16. Bank of Baroda Bank check of Rs.90 thousand was received from Shri Trisha Cloth Center Colliery.
Voucher entry in Receipt Voucher
SBI Bank Dhamtari A/c Dr. 90000
to Trisha Cloth Center Cr. 90000
(Check Number 461556, Bank of Baroda Bank check of Rs.90 thousand was received from Shree Trisha Cloth Center Colliery.)

Transaction 17. Paid Rs. 50 thousand to Mr. Cloth Store Raipur and got 5% cash discount.
Voucher entry in Payment Voucher
Shri Cloth Store Raipur Dr. 50000
Cash Discount Received Cr. 5000
Cash A/c Cr. 45000.
(Payed Rs.50 thousand to Shree Cloth Store Raipur and got 5% cash discount)

Transaction 18. Clothes worth 2 thousand rupees got spoiled.
Voucher entry in Journal Voucher
Cloth Damaged A/c Dr. 2000
to Purchase A/c Cr. 2000
(clothes worth 2 thousand rupees got spoiled)

Transaction 19. Bought a computer system of Rs 15000 for the shop.
Voucher entry in Payment Voucher
Computer System 15000
to Cash A/c Cr. 15000
(Bought a computer system for Rs 15000 for the shop)

Transaction 20. 5000 rupees given for the decoration of the shop.
Voucher entry in Payment Voucher
Office Maintenance A/c Dr. 5000
Cash A/c Cr. 5000
(office maintenance given Rs. 5000)

• How To Create Price List In Tally

• How To Enter Receipt In Tally

• How To Do Sales Entry In Tally With GST

• How To Create Unit Of Measure In Tally

• What Is Stock Item | How To Create In Tally

• How To Use Inventory Voucher Entry In Tally

• How To Enter Memo Voucher In Tally

• Reversing Journal Voucher |How To Enter Tally

• How To Enter Credit Note In Tally

• How To Enter Debit Note In Tally