PDCFA Practical Previous Questions

KERALA STATE RUTRONIX

Practical Examination February 2017

Tally

Question code TA1
Time: 45 Minutes
Marks: 50

Q1. Mr. Antony carrying on business in Home Appliances Company Their TIN 320745124528 From the transactions given below prepare final accounts through Tally.

2017

January 1. Commenced business with Rs.5,00,000/-

3. Paid Building Deposit Rs. 25,000/-, Paid 3 Months Rent Rs.4,500/- as advance of which

Rs.3,000/- is for the next two months.

7. Purchased furniture for Rs. 15,000/-

8. Opened a Bank account at Indian Overseas Bank by depositing Rs.3,00,000/-

10. Purchased goods worth Rs.1,35,000/- from M/s Sen International, Kollam.

Sony High Fidelity System - 3 Nos @ Rs.20,000/- = Rs.60,000/

IFB Washing Machine - 4 Nos @ Rs.15,000/- = Rs.60,000/-

Input Tax @ 12.5% = Rs. 15,000/-

12. Purchased goods worth Rs.1,12,500/- from JJ Traders Ernakulam.

Samsung C.TV - 4 Nos @Rs. 15,000/- = Rs.60,000/-

LG Refrigerator - 2 Nos @Rs.20,000/- Rs.40,000/-

Input Tax @12.5% = Rs. 12,500/-

20. Sold Goods for Cash Rs. 43,875/-

Samsung C.T.V - 1 No @ Rs.20,000/- = Rs.20,000/-

IFB Washing Machine - 1 Nos @ Rs.19,000/- = Rs.19,000/-

Output Tax @12.5% = Rs. 4,875/-

21. Sold goods worth Rs. 61,875/- to Mr. Wilson

Sony High fidelity System - 1 No @ Rs.25,000/- = Rs.25,000/-

LG Refrigerator - 1 No @Rs.30,000/- = Rs.30,000/-

Output Tax@ 12.5% = Rs.6,875/-

29. Paid to JI Traders Rs.60,000/- by cheque No.412017 on account.

29. Mr.Wilson returned 1 Sony High fidelity System due to certain mechanical problem,
Received the same and issued them credit note No.C/1

30. Paid salary of accountant Rs.3,600/-