Example Budget Tally Prime in Tamil


Excise Sum : 1

The Following Would Be Recording In Journal Using Double Entry System. Do The Posting Process From Journal Entries And Prepare The Trial Balance, Trading A/C, Profit & Loss A/C And Balance Sheet In The Books Of M/S. INFOSYS LTD For The Following Year 2009 To 2010


PARTICULARDRCR
Capital5,00,000
Cash2,50,000
Bank Loan1,00,000
Profit & Loss A/C50,000
Accounts Receivable50,000
Axis Bank1,50,000
Machinery75,000
Plant & Machinery1,50,000
Good Will1,25,,000
Bank O /D1,00,000
Debentures 50,000
Total8,00,0008,00,000

Budget

Title of the Budget: Financial Budget
Period of Budget : 1.4.2009 to 31.3.2010

Ledger NameEstimated Amount(Rs)
Stationery10000
Rent50000
Salary20000
Wages15000
Fright Charges5000
Discount5000
Commission10000
Depreciation10000

TRANSACTION DURING THE PERIOD:


Apr 01 Paid Telephone Charges Rs.2000

Apr 02 Goods Purchased On Credit From M/S. Linga Agencies Was Rs.100000

Mar 03 Bank Loan Received Rs.200000

Mar 04 Cash Withdraw From Bank Rs.100000

Jun 05 Paid Salary By Cheque Rs.10000

Jun 16 Provision For Depreciation Rs.15000 Allocate In To P&L A/C

Jun 27 Bank O/D Settled Rs.20000

July 18 Goods Sold To M/S.Jana Was Rs.180000 Bill No:25 25days

July 19 Paid For Rent: 20000, Stationery: 4000, Wages: 6000

July 20 Dividend Received Rs.20000

Aug 11 Paid Fright Charges Rs.3750 By Cheque

Aug 12 Purchased Furniture Rs.60000

Aug 23 Paid To M/S. Linga Agencies And Discount Received @ 5%

Sep 14 Paid For Salary: 10000, Rent: 30000, Stationery: 1750

Sep 21 Paid Advertisement Charges Rs.2500

Sep 26 Interest On Bank Balance Rs.10000

Oct 17 Depreciation Of Machinery @ 10% This Amount Adjusted To Provisions.

Oct 18 Bank Loan Settled Rs.50000

Oct 19 Bad Debit Written Of M/R.Jana Was Rs.5000

Oct 20 Discount Allowed Rs.3000

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Excise Sum : 2

The Following Would Be Recording In Journal Using Double Entry System. Do The Posting Process From Journal Entries And Prepare The Trial Balance, Trading A/C, Profit & Loss A/C And Balance Sheet In The Books Of M/S. GREEN PARK LTDFor The Following Year 2006 To 2007.


PARTICULARDRCR
Central Bank Of India7,00,000
Profit & Loss5,00,000
Capital 20,00,000
Cash 13,00,000
Bank Loan7,00,000
Land & Building 7,00,000
Plant & Machinery2,50,000
Furniture 2,50,000
Accounts Receivable 3,00,000
Accounts Payable 3,00,000
Bank O/D2,00,000
Good Will2,00,000

Budget

Title of the Budget: Financial Budget
Period of Budget : 1.4.2006 to 31.3.2007

Ledger Name Estimated Amount (Rs)
Salary 50000
Telephone Charges 20000
Wages25000
Inward Charges 15000
Outward Charges20000
Bad Debit 10000

Title of the Budget: Infrastructure Budget
Period of Budget : 1.4.2006 to 31.3.2007

Ledger NameEstimated Amount (Rs)
Furniture75000
Typewriting30000
Computer90000

TRANSACTION DURING THE PERIOD:


Apr 01 Additional Capital Investing The Amount Of Rs.500000

Apr 10 Provision For Bad Debit Rs.50000 Allocate In To P&L A/C

Apr 16 Cash Deposit In Bank Rs.70000

Apr 18 Bought On Credit From M/S. Selva Traders Rs.120000 Bill No:25 35days

Apr 21 Withdraw From Personal Use Rs.47500

Apr 28 Allow Interest On Capital In The Current Balance @ 6%

May 01 Paid For: Salary: 20000, Wages: 10000

May 11 Amount Settled To M/S. Selva Traders And Less Trade Discount @ 17%

May 21 Purchased Furniture Rs.45000 And Computer Rs.35000

May 28 Goods Sold To M/S. Reliance Ltd Rs.250000 Bill No:35 45days

Jun 01 Prepaid Insurance Rs.2500

Jun 15 Commission Received Rs.2000

Jun 18 Interest On Drawings @ 5%

Jun 21 Paid For Telephone Charges Rs.7500, Inward Charges Rs.10000

Jun 29 Purchased Typewriter Rs.17500

July 01 Paid For Rent Rs.12000, Postage Rs.8000

July 11 Bad Debit Written Off M/S. Reliance Ltd Rs.10000

July 21 Amount Received From M/S. Reliance Ltd Rs.240000

July 29 The Bad Debit Amount Adjusted To Provision A/C

Aug 01 Withdraw From Bank Rs.20000

Aug 05 Bank Loan Settled Rs.47500

Aug 08 Bank O/D Settled Rs.50000

Aug 19 Purchased Furniture Rs.48500 And Typewriter Rs.12500

Aug 21 Paid For Telephone Charges Rs.15000, Inward Charges Rs.7500, Outward Charges Rs.5000, Postage Rs.27500, Fright Charges Rs.7000

Sep 01 Purchase Plant & Machinery Rs.5000

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