Question

ram started business with cash rupee 20000solve prepare ledger

Answer 1

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 2

Answer:

Explanation:

Cash A/c debit

To capital a/c Credit