Admission fee received by cash ₹ 10000, balance fee payable ₹ 8000. How can I pass entries in tally.
prasad Nilugal
( GST Practitioner & Accounts )
(14546 Points)
Replied 10 October 2020
1) Cash A/c Dr 10000/-
To Admission fees A/c Cr 10000/-
( fees received in cash )
2) Admission fees receivable A/c Dr 8000/-
To Admission fees A/c Cr 8000/-
( fees receivable )
Admission fees under income side Of Income & Expenditure A/c
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
