Question
Explain how to view profit and loss statement in Tally.ERP 9.

Answer

F10: A/c Reports > Profit & Loss A/c > AltF1 (detailed) (OR)
Gateway of Tally > Reports > Profit & Loss A/c > AltF1 (detailed)Image

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free
How too Quitting do Tally ERP9?
What are the features of financial statements?
From the following particulars calculate total purchases.
Particulars Particulars
Sundry creditors on $1^{st} $ January, $2018$ $30,00C$ Purchases returns $15,000$
Bills payable on $1^{st} $ January, $2018$ $25,000$ Cash purchases $2,25,000$
Paid cash to creditors $1,20,000$ Creditors on $31^{st} $ December, $2018$ $25,000$
Paid for bills payable $30,000$ Bills payable on $31^{st} $ December, $2018$ $20,00C$
Lalitha Ltd. offered 30,000 equity shares ₹10 each to the public payable ₹ 2 per share on the application, ₹ 3 on share allotment, and the balance when required. Applications for 50,0 shares were received on which directors allotted as:
Applicants for 10,000 shares Full
Applicants for 35,000 shares 20,000 shares (excess money will be utilized for allotment
Applicants for 5,000 shares Nil
All the money due was received. Pass journal entries upto the receipt of allotment.
Janani, Kamali and Lakshmi are partners in a firm sharing profits and losses equally. As per the terms of the partnership deed, Kamali is allowed a monthly salary of ₹ 10,000 and Lakshmi is allowed a commission of ₹ 40,000 per annum for their contribution to the business of the firm. You are required to pass the necessary journal entry. Assume that their capitals are fluctuating.
From the following particulars, calculate the Trend percentages of Kavitha Ltd.
Particulars ₹ in thousands
2015-16 2016-17 2017-18
Revenue from operations 100 125 150
Other income 20 25 30
Expenses 200 290 350
How annual subscription is dealt with in the final accounts of the not-for-profit organisation?