Dear experts
Plz tell me how to account for transactions of chit fund business entities in Tally
In chit which is liability, which is income etcccccccc..........
if poosible explain with accounting entries
plzzzzzzzz
kiran (CA FINAL) (80 Points)
13 January 2011Dear experts
Plz tell me how to account for transactions of chit fund business entities in Tally
In chit which is liability, which is income etcccccccc..........
if poosible explain with accounting entries
plzzzzzzzz
CA. Dashrath Maheshwari
(TaXpert)
(15090 Points)
Replied 13 January 2011
you must read this :
https://www.ifmr.ac.in/sefc/publications/Chit-Funds-Boon-to-Small-Entreprises.pdf
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