Case 1. Al Karama LLC has purchased the following items for sale. You are required Create a company in Tally ERR 9 and record these stock items in Tally ERP 9. Also, you are required to generate the stock summary report. (3Marks+12 Marks) Selling Units Aikhwair Azaiba price per Cost per unit) Stock Category unit) GROCERY Cold Beverages Instant Health Drink Complan 0.550 15 0.750 40 Box of 10 Nos Box of 12 Nos Pack of 6 Nos 0.350 Masali Apple Juice 144 0.580 96 0.450 Almarai 180 120 0.175 Leban Cooking Ingredients Olive Oil Frying Oil Sunflower Oil 25 Al Manar Shahi Gazal Litres Litres Litres 50 120 100 130 120 3.525 2.875 5.200 1.250 1.110 2.250 40 30 5.500 2.750 Boxes Boxes 9.300 4.500 HOME & LIVING Garments Boys T-shirt Raymonds Johnson Baby dress & Johnson Boys Shirts Polo Home Appliances Dining table Tecjan Chair Damro Delta 25 20 35 30 Boxes 5.300 2.210 Nos Nos Nos 20 8 5 10 12 8 37.500 16.500 270 12.500 10.250 150 Sofa set ELECTRONICS Mobiles Huwai A8 Lenova P70 Oppo S10 Huwai Lenova Oppo Nos Nos Nos 48 36 20 32 16 24 189.900 58.000 69.900 75.250 12.562 23.250 Case 2. The following transactions are given from books of Al Karama LLC for the year 2019. You are requested to create ledgers and record the journal entries in the company which you created in Case land generate the following reports. 1 Trial Balance 2. Day Book 3. Income Statement (35 Marks) 10,000 3.000 Date Amount in RO) 2019 Jan Opening Balances : Buildings AC 25,000 Furniture AC Cash AC 30,000 Bank AC 13,000 Al Khalid Product Company AC (Dr Balance) 6,000 Bank overdraft 15.000 Capital AC ? Jan 2 Brought additional capital into the business 40,000 Jan 31 Deposited into bank 10,000 Feb ! Purchased goods and paid by cheque Feb? Pachased goods from Barka Industrial Company and got 5% 12.000 trade discount Mar ! Cash Sales 10,000 Mar2 Goods returned to Barka Industrial Company 1,000 Mar 31 Purchased Equipment from Al Qurm Engineering Company 15,000 Aprt Withdrew from bank for office me Apr2 Sold goods to Ruwi Industries 15.000 May I Paid Wages and Salaries 3,000 May 2 Goods returned by Ruwi Industries 1,500 May 31 Paid carriage inwards 1.500 June ! Received Commission 2.000 June 2 Received from Rw Industries 8.000 July 1 Paid to Barka Industrial Company 5.000 July 2 Received from Al Khalid Product Company in full settlement 6.000 July 31 Paid to Baska Industrial Company in fall settlement 5.400 Aug Goods Distributed as free samples Aug 2 Received a choque from Ruwi Industries in full settlement 5.500 Aug 31 Goods taken by proprietor for personal use 2.000 Sep1 Paid Telephone charges by cheque 200 Sep 2 Paid Rent 1.000 Oct! Paid for Fuel and Power For Recording transaction (30 Marks), Ledger Creations (2 Marks) Report generation 5.000 (3 Marks). Note: Create only one company to record stock items and the transaction. All the reports from case land 2, is to be pasted in one word file and submit through e-learning portal