18 August 2010
Dear Expert, Under which group should the below ledgers be opened in Tally.
1)Mr.A who has given his premises for office on rent.
2)Ledger a/c of "Lawyer" whose professional services are used but payment is pending.
3)Employee X who has submitted his travel claim. ( travel-Lodging & Boarding dr To employee)
4) Car purchased from Dealer-ABC Price: 100000, advance paid 50000, balance payable in 5 yrly instalments @ 12000 per yr. under which group shld the ledger ABC be created.
18 August 2010
thanks!! what I meant in no.1 was: 1)Mr.A who has given his premises for our office on rent. i hope it comes under S.Crs (based on reply)
CAclubindia
