Admission fee received by cash ₹ 10000, balance fee payable ₹ 8000. How can I pass entries in tally.
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Tally entries
Replies (1)
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
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