Expenses under capital a/c head in tally


This query is : Resolved 

26 October 2013 Life insurance premium, income tax payment are comes under the head of capital a/c in tally.

please tell some other expenses which we create under the head of capital a/c

26 October 2013 You can directly debit cap a/c in case of non corporate entities like ind for these exp.

26 October 2013 please tell with example

26 October 2013 Income tax paid by individual, then personal drawings of individual, insurance premiuim paid, capital assets taken away from business etc.


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