Account ledger

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Neema Rawat

Neema Rawat (Querist)
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27 July 2018 Sir,
In tally drawing accounts come under which account??

RAJA P M

RAJA P M (Expert)
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28 July 2018 Drawings under Capital account... But, No need separate Ledger for drawings. You can enter in Current (under capital) Account head....

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Neema Rawat

Neema Rawat (Querist)
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31 July 2018 Thank you for the last answer sir I have an another question can you please tell what would be the answer
In tally Car insurance come under which account?

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RAJA P M

RAJA P M (Expert)
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31 July 2018 You can capitalize the Insurance at the time of Purchase of Car...

After that You will be book it under Vehicle Maintenance account under Indirect Expenses.

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Neema Rawat

Neema Rawat (Querist)
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02 August 2018 Will i keep car insurance under indirect expenses??

RAJA P M

RAJA P M (Expert)
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02 August 2018 Yes... You can book the "Car Insurance" under indirect expenses as Vehicle Maintenance.

Neema Rawat

Neema Rawat (Querist)
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03 August 2018 okay thank a lot sir