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in Accounting Software Package – GNUKhata by (25.6k points)
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Enter the following transactions of Sibi Traders and Display Final Accounts as on 31/3/2018

Date Transactions Amount
1/1/2018 Commenced business with cash 2,00,00
2/1/2018 Opened bank a/c 25,000
3/1/2018 Purchased Furniture 10,000
4/1/2018 Purchased goods from sonu 47,000
5/1/2018 Paid wages 3,000
6/1/2018 Paid salary 4,500
7/1/2018 Sold goods to Nijo 28,000
8/1/2018 Received commission 2,500
9/1/2018 Returned goods to sonu 1200
10/1/2018 Goods returned by Nijo 700
11//2018 Price of goods sold to Nijo reduced by 250
12/1/2018 Sonu reduced the price of goods sold to us by 480

1 Answer

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by (27.3k points)
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Best answer

procedure: 

Step 1 – Open GNUKhata Application Office → GNUKhata

Step 2 – Create Organisation Click on Create organisation → Enter Details → Sibi Traders → Proft Making → 1-1-2018 to 31-12-2018 

Step 3 – Create Admin Enter imaginary data 

Step 4 – Creation of Ledger accounts Master Menu → Create account → Select Group → Sub Group → Type Account name → Save 

Analysis Table

Step 5 – Voucher Entry (based on above Analysis Table) Transaction menu/Voucher menu → Select appropriate voucher → Enter voucher No → Date → Debit account and amount → Credit account and amount → Narration → Save

Step 6 – Display Trial balance 

Report → Trial balance Display Prots and loss Account Report → Prots Loss account 

Step 8 – Display Balance Sheet 

Report → Balance sheet 

Output:

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