Steps for Creating Ledgers Account
Gateway of Tally >> Account Info >> Ledgers
Name of the Ledger | Group | Debit(Dr) | Credit(Cr) |
ICICI Bank | Bank Account | 35,000.00 | |
Deposits | Bank Account | 40,000.00 | |
Petty Cash | Cash in Hand | 500.00 | |
Stock | Stock in Hand | 50,000.00 | |
Sharma & Sons. | Sundry Debtors | 5,000.00 | |
H. Singh & Co. | Sundry Debtors | 15,000.00 | |
Building Cost | Fixed Assets | 75,000.00 | |
Office Equipment Cost | Fixed Assets | 25,000.00 | |
Tax Deducted at Source | Duties & Taxes | 1,000.00 | |
Sales Tax / VAT | Duties & Taxes | 3,000.00 | |
Ramjilal | Sundry Creditors | 16,000.00 | |
R. N. Iyer & Co. | Sundry Creditors | 500.00 | |
Mutual Trust Loan | Loans (Liability) | 50,000.00 | |
Opening Balance | Capital Account | 1,10,000.00 | |
Equity System Sales | Sales Account | 1,25,000.00 | |
Part Sales | Sales Account | 45,000.00 | |
Software Sales | Sales Account | 30,000.00 | |
Purchase | Purchase Account | 1,20,000.00 | |
Wages | Direct Expenses | 10,000.00 | |
Freight Charges | Direct Expenses | 500.00 | |
Salaries | Indirect Expenses | 20,000.00 | |
Office Cost | Indirect Expenses | 3,500.00 | |
Advertising | Indirect Expenses | 2,000.00 | |
Bank Charges | Indirect Expenses | 2,500.00 | |
Building Depreciation | Indirect Expenses | 2,500.00 | |
Office Equipment Depreciation | Indirect Expenses | 1,000.00 |