Ledger grouping in tally
This query is : Resolved
10 July 2013
The premium,club membership fees & mutual fund will go in which group,
1. Indriect expenses
2. loans & liabilities
3.current assets
4.capital
5.any other
1. Indriect expenses
2. loans & liabilities
3.current assets
4.capital
5.any other
10 July 2013
The premium paid & Club membership fees is revenue expenditure ie Indirect expenses , AND Mutual fund is a Investment will ie Current assets
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