Journal entry in tally

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Amar kumar karna (Querist)
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29 April 2014 1. Sir, I have partnership form( Me& MY wife), I purchased one Computer & made payment on my personal account cheque.now how should i account for this computer in partnership form,pl advice

2. My bike value Rs 211 after depreciation
now this year i want to write of this amount pl advice above the JV

Nikhil Kaushik

Nikhil Kaushik (Expert)
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29 April 2014 1. Pass the following entry:

Computer A/c Dr

To Partner's Current Account

2. keep depreciating on WDV basis till it becomes negligible amount unless you are discarding the bike.

Amar kumar karna

Amar kumar karna (Querist)
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29 April 2014 1.I need to pass an entry in tally.
I am confused to account under which group...

Plz advice..

Nikhil Kaushik

Nikhil Kaushik (Expert)
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29 April 2014 computer will go to the fixed assets. and since partner paid from his personal account, you need to give credit to his current or capital account.

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