Basic Entry

Basic Entries

Comments

Se. No. Perticulars Amount Amount
01. Started a new Business of
(F6)
Dr.Cash
Cr.Capital (Capital Account)
02. Open a new Bank Account.
(F4)
Dr.Bank name (Bank Account)
Cr.Cash
03. Deposited cash into Bank.
(F4)
Dr.Bank name
Cr.Cash
04. Withdraw cash from Bank.
(F4)
Dr.Cash
Cr.Bank name
05. Withdraw cash from Bank for office use.
(F4)
Dr.Cash
Cr.Bank
06. Withdraw Cash from Bankfor personal use.
(F5)
Dr.Drawing (Capital Account)
Cr.Bank name
07. Due any Expenses.
(F7)
Dr.Expenses (Direct/Indirect Expenses)
Cr.Expenses Payable(Current Libirties)


08. Paid any expenses
(F5)
Dr.Expenses(Direct/Indirect Expenses)
Cr.Cash/Bank name
09. Paid any due Expenses
(F5)
Dr.Expenses Payable
Cr.Cash/Bank name
10. Purchase goods in Cash
(F9)
Dr.Purchase (Purchase Account)
Cr.Cash/Bank name
11. Purchase goods from party
(F9)
Dr.Purchase (Purchase Account)
Cr.Party Name(Sundry Creditors)
12. Purchased goods from anyparty and paid by Cash/Cheque.
(F9)
Dr.Purchase
Cr.Cash/Bank name
12. Goods Return to party for any resion
Tallyprime user
(Alt+F5)
Dr.Party Name
Cr.Purchase Return (Purchase Account)

Tally ERP user
(Ctrl+F9)
Dr.Party Name
Cr.Purchase Return
13. Purcase any Assets
(F5)
Dr.Assets Name(Fixed Assets)
Cr.Cash/Bank
14. Purchase any assets and paid by Cash/Cheque
(F5)
Dr.Assets Name
Cr.Cash/Bank
15. Purchased any assets in credit
(F7)
Dr.Assets Name
Cr.Party Name
15. Sales Goods
(F8)
Dr.Cash/Bank
Cr.Sales (Sales Account)
16. Goods sold to party and received cash or cheque.
(F8)
Dr.Cash
Cr.Sales
17. Sold goods in Credit
(F8)
Dr.Sales
Cr.Party Name(Sundry Debitors)
18. Sales Return
In Tally Prime
(Alt+F6)
Dr.Sales Return(Sales Account)
Cr.Party Name
19. Cash sales any assets
(F6)
Dr.Cash/Bank
Cr.Assets Name
20. Creit sales any assets
(F7)
Dr.Party name
Cr.Assets Name
21. Received any income
(F6)
Dr.Cash/Bank
Cr.Income Name(Direct/Indirect Income)
22 Due any Income
(F7)
Dr.Income Receivable(Current Assets)
Cr.Income(Direct/Indirect Income)
23. Loss due to fire
(F7)
Dr.Loss By Fire(Indirect Expenses)
Cr.Purchase Account
24. Goods given as free sample
(F7)
Dr.Free sample(Indirect Expenses)
Cr.Purchase
25. Payment to party and received discount
(F5)
Dr.Party Name
Cr.Cash/bank
Cr.Discount Received(Indirect Income)
26. Payment received from Party and give discount
(F6)
Dr.Cash/Bank
Dr.Discount Allowed(Indirect Expenses)
Cr.Party Name