How to create ledgers in Tally Prime ?

By default, two ledgers are in Tally Prime.1. Cash2. Profit and Loss account. Cash ledger is under the Cash -in – hand group. This ledger can be altered and deleted. Profit & Loss account ledger is under the Primary group. This ledger can be altered but not deleted. The profit or loss of the financialRead More »


Ledgers (Assignment – 1)

Create the following Ledgers in Single Entry Mode S.No Name of athe Ledger Group Opening Balance 1 Capital A/c Ramu Capital Account 5,00,000/- 2 Capital A/c Krishna Capital Account 3,00,000/- 3 Salaries A/c Indirect Expenses 15,000/- 4 Electricity Charges Indirect Expenses 25,000/- 5 Office Rent Indirect Expenses 3,500/- 6 Commission Recieved Inidrect Incomes 123000 7Read More »