Tally entry


This query is : Resolved 

(Querist)
06 October 2014 what entry should be passed in tally for a new car bought actual mount of car is rs 4 lakhs. but amount paid by chq is 200000 and rest amount is car loan .

06 October 2014 Dr.Motor Car A/c 4 lacs
Cr.Motor car vendor 4 lacs
.
.
Dr.Motor car vendor 4 lakhs
Cr.bank a/c 2 lacs
Cr.car loan a/c 2lacs

Rupesh Jain (Expert)
06 October 2014 car a/c 400000
to vendor a/c


vendor a.c

to bank a/c
to finance company a/c



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