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This assignment is designed to help you understand the Inventory Module of TallyPrime. You will learn how to manage stock by creating stock groups, categories, units, godowns, and stock items. Proper inventory setup is crucial for businesses involved in trading, manufacturing, and distribution. Inventory Tasks Overview In this assignment, you will complete the following: …
TallyPrime Assignment 4: Inventory Master Create Read More »
A Journal Entry is the first step in the accounting cycle. It records all financial transactions in the books of accounts in chronological order using the double-entry system. Each transaction has: At least one Debit At least one Credit Equal amounts on both sides Golden Rules of Accounting Journal entries follow these three Golden …
TallyPrime Assignment 3: Journal Entries in Accounting Read More »
In this assignment, you will learn how to create various types of Ledgers in TallyPrime, which are essential for recording transactions. You will create 30 ledger accounts with correct group classifications and mention whether the amount is Debit (Dr) or Credit (Cr). This practical exercise will help you understand how to categorize ledger entries properly …
TallyPrime Assignment No 2 – Ledger Master Creation with Example Read More »
Overview This is the first assignment for students learning Accounting and TallyPrime. In this task, you will learn how to create, alter, delete, and select companies in TallyPrime. These are the foundational skills every accountant must master to work efficiently with TallyPrime software. This assignment is designed and provided by Ankit IT Solutions – a …
TallyPrime Assignment No. 1 – How to Create, Alter, and Delete Company in Tally Read More »
Job Costing is a method of costing where costs are assigned to a specific job project or batch. Each job is treated as a unique cost unit, and all related income and expenses are tracked to analyze profitability. Job Costing is used to track expenses and incomes related to a specific project, contract, or job. …
100+ MCQs Questions and Answers on Accounting & TallyPrime with Highlighted Answers 1.Which of the following is an example of an asset? A. Accounts Payable B. Capital C. Cash D. Sales 2.Which account is a personal account? A. Debtors B. Rent C. Machinery D. Wages 3.Which of the following is shown on the credit side …
500+ MCQs Questions and Answers on Accounting & TallyPrime with Highlighted Answers Read More »
(With Group, Type of Account, and Accounting Classification) Sr No Ledger Name Group Under Type of Account Accounting Type 1 Cash Cash-in-Hand Asset Real 2 HDFC Bank Bank Accounts Asset Personal 3 ICICI Bank Bank Accounts Asset Personal 4 SBI Bank Bank Accounts Asset Personal 5 Axis Bank Bank Accounts Asset Personal 6 Bank of …
500 Popular Ledger Names with Group in TallyPrime Read More »
Assignment: Accounting & TallyPrime Journal Entry Objective: To create journal entries, ledgers, profit & loss account, balance sheet, and determine net profit based on the given transactions between 1st January 2025 to 31st January 2025. 1. Ledger Creation (Sr. No, Ledger Account Name, Under Group, Account Type) Sr. No Ledger Account Name Under Group Account …
Download TallyPrime Assignments No. 01 | Journal Entry Read More »
How to Verify Your Google My Business Account: A Step-by-Step Guide Having a verified Google My Business (GMB) account is crucial for local SEO and establishing your business’s online presence. Verification ensures that your business appears on Google Maps and in local search results, enhancing visibility and credibility. This guide will walk you through the …
How to Run a Sales Campaign with Facebook Ads: A Comprehensive Guide Running a successful sales campaign on Facebook can significantly boost your business’s revenue and brand awareness. With over 2.8 billion monthly active users, Facebook offers a massive platform to reach potential customers. This guide will walk you through the steps to create and …
