how to entry in tally for mobile purchase for business purposes
please elaborate this with entry
You Can pass in Voucher mode in Tally
Mobile phone A/c Dr ( Asset)
Input CGST A/c Dr
Input SGST A/c Dr
To Trade Creditors A/c Cr
( Mobile phone purchase)
Mobile phone under Non Current Asset , Balance sheet.
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payment entry Alt F5 in Tally.
Trade Creditors. A/c Dr
To Bank Ac Cr
( payment entry)
CAclubindia
