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How to prepare personal balance sheet in Tally?

Mayank Pandit (Self employed) (25 Points)

07 February 2009

I would like to prepare my personal balance sheet in Tally and need assistance on what are the heads of items to be taken on assets and liabilities side. I am presently not preparing my personal balance sheet and hence need assistance right from the beginning. Thank you

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achal agarwal (Tally Authorised Partner) (177 Points)
Replied 08 February 2009

Dear Sir,

Heads Under Assets :

Cash

Bank

Personal Loans And Advances.

Investments In Shares /Mf And Equity

Fixed assets If ANy

Gold Jewellary

Land ANd Bldg

Liabilities

Personal Loans Secured & Unsecured

Provisions

Capital. Etc.

Originally posted by :Mayank Pandit
"	I would like to prepare my personal balance sheet in Tally and need assistance on what are the heads of items to be taken on assets and liabilities side. I am presently not preparing my personal balance sheet and hence need assistance right from the beginning. Thank you	"