ram started business with cash 10000 write journal form
Answers
Answer:To make journal entry in Tally we have to open ledger first and then make journal entry in tally
Example :
1 Started Business with cash Rs 10000.
Journal entry will Be
Cash A/c Dr 100000
To capital A/c 100000
( being business started )
2. Deposited into Bank 50000
Bank A/c 50000
To cash A/c 50000
(being cash deposited into bank)
3. Purchase Goods costing Rs 20000 form Shyam .
Purchase A/c Dr 20000
To Shyam 20,000
(being goods purchased)
4. Sold goods to Mohan Rs 25000
Mohan A/c 25000
To sales A/c 25000
(being goods sold)
5 Paid Salary to Gopal Rs 2000 by cheque .
Salary A/c 2000
To cash A/c 2000
(being salary paid )
6 Commission received for cash Rs 7000
Cash A/c 7000
To commission A/c 7000
(being commission received)
7. Paid cash to Shyam and discount received 5%.
Shyam Dr 19000
‘To cash A/c 19000
To discount Received A/c 1000
(being cash paid and discount received )
How to create Ledger in Tally
When we start tally we have to Go to Gateway to Tally
Answer:
MR Ram Start A new Business With 75lakh by cash