Accounting groups

This query is : Resolved 

18 March 2014 Sir

Under which Groups should I create in Tally the follwing heads:

1 Deferred Interest Expenditure
2 Interest on Vehicle loan outstanding
3 Interest outstanding
4 Vehicle loan

Thanks

18 March 2014 1. Indirect Expenses
2. Indirect Expenses
3. Current Liabilities
4. Loans & Advances(Liab), If frm Bank- Sec, others- Unsec.


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