Mr. Said Al Yaqoobi, an MBA degree holder from UK, worked in software related and financial...

Transcribed Image Text:

Mr. Said Al Yaqoobi, an MBA degree holder from UK, worked in software related and financial service company for 5 years. He then started his own business called Muscat Business Solutions on January 1, 2011to provide management consultancy services and he is selling computer accessories also. He wants to maintain all his accounts using Tally 9 from 1st January 2022. S. No.: 1. 2. 3 4 The transactions from 1st January 2022 to 31st January 2022 are given below: 5 6 7 Date Transactions 1-1-2022 Mr. Said introduced capital RO. 40,000 cash. 2-1-2022 He purchased computer for RO.1,050 by cash. 1-2-2022 He opened a bank account with NBO and deposited cash RO. 5,500. 2-2-2022 He paid rent R.O.500 by cash. 1-3-2022 He purchased furniture for R.O.3000 by cash. 2-3-2022 He sold computers for R.O.200 by cash. 31-3-2022 He received interest from NBO R.O.100. You are required to enter the above transactions in Tally 9.0 1. Create Company 2. Create Ledger Accounts 3. Enter the above transaction in respective vouchers Mr. Said Al Yaqoobi, an MBA degree holder from UK, worked in software related and financial service company for 5 years. He then started his own business called Muscat Business Solutions on January 1, 2011to provide management consultancy services and he is selling computer accessories also. He wants to maintain all his accounts using Tally 9 from 1st January 2022. S. No.: 1. 2. 3 4 The transactions from 1st January 2022 to 31st January 2022 are given below: 5 6 7 Date Transactions 1-1-2022 Mr. Said introduced capital RO. 40,000 cash. 2-1-2022 He purchased computer for RO.1,050 by cash. 1-2-2022 He opened a bank account with NBO and deposited cash RO. 5,500. 2-2-2022 He paid rent R.O.500 by cash. 1-3-2022 He purchased furniture for R.O.3000 by cash. 2-3-2022 He sold computers for R.O.200 by cash. 31-3-2022 He received interest from NBO R.O.100. You are required to enter the above transactions in Tally 9.0 1. Create Company 2. Create Ledger Accounts 3. Enter the above transaction in respective vouchers

Answer rating: 100% (QA)

SOLUTION Create Company To create a company in Tally 90 follow these steps a Open Tally 90 and select Create Company from the Gateway of Tally b Enter ... View the full answer