I have received rs 100000 as gift from my spouse as bank transfer from her sb account to my sb account.
How to show this entry in my and her tally account
Regards
Dilip
3 Replies
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(5128 Points)
Replied 19 August 2024
Dilip Khambete
(104 Points)
Replied 19 August 2024
Thank you sir for such a detailed answer. Appreciate that. I have one small doubt, for group creation under current liability, is it not that all personal gifts received go under capital group?so is it possible to make "gift from spouse" ledger under capital account group??
looking forward to your valued insight on this
Regards
Dilip
Dilip Khambete
(104 Points)
Replied 19 August 2024
Also can we us 'drawings' instead of "current assets" in spouse's tally account
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