some Exercises of Tally

opening balance of
Bank 100000/-
lone taken 500000/-
Share capital 200000/-
Share Investment 50000/-
Land and building 1000000/-
Sundry Debtors 100000/-
Sundry Creditor 20000/-
Advance Received 5000/-

1.Loan repayment Rs 200000/- with interest Rs. 5000/-
2.Cash received Rs. 80000/- of sundry debtors Rs. 20000/- is doubt full not w/off.
3. Investment of Share refund with interest Rs. 8000/- .
4. 50000/- with adjusting prepaid.
5. Mr Shrawan Neupane entered on business with capital Rs. 200000/-.
6. The amount of advanced received transfer to income.

Required
' Prepare Profit and loss Account
Prepare Balance Sheet .

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