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Creating Ledgers

Steps for Creating Ledgers Account

Gateway of Tally >> Account Info >> Ledgers

Name of the LedgerGroup Debit(Dr)  Credit(Cr) 
ICICI BankBank Account    35,000.00
DepositsBank Account    40,000.00
Petty CashCash in Hand         500.00
StockStock in Hand    50,000.00
Sharma & Sons.Sundry Debtors      5,000.00
H. Singh & Co.Sundry Debtors    15,000.00
Building CostFixed Assets    75,000.00
Office Equipment CostFixed Assets    25,000.00
Tax Deducted at SourceDuties & Taxes      1,000.00
Sales Tax / VATDuties & Taxes      3,000.00
RamjilalSundry Creditors    16,000.00
R. N. Iyer & Co.Sundry Creditors         500.00
Mutual Trust LoanLoans (Liability)    50,000.00
Opening BalanceCapital Account 1,10,000.00
Equity System SalesSales Account 1,25,000.00
Part SalesSales Account    45,000.00
Software SalesSales Account    30,000.00
PurchasePurchase Account 1,20,000.00
WagesDirect Expenses    10,000.00
Freight ChargesDirect Expenses         500.00
SalariesIndirect Expenses    20,000.00
Office CostIndirect Expenses      3,500.00
AdvertisingIndirect Expenses      2,000.00
Bank ChargesIndirect Expenses      2,500.00
Building DepreciationIndirect Expenses      2,500.00
Office Equipment DepreciationIndirect Expenses      1,000.00