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Assistant
362 Points Posted on 20 February 2021
Sir

We have purchased Car via bank loan.please suggest in tally which group create the ledger in Bank
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On 20 February 2021 at 21:24 Report
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"Do the Right Thing...!!!"
128152 Points Posted on 20 February 2021
Car - under fixed...
Loan - Current Liability...

Note : car purchased by company then it's under fixed asset
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On 20 February 2021 at 21:51
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Chartered Accountant
24588 Points Posted on 21 February 2021
Agree with raja pm
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On 21 February 2021 at 06:30
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17264 Points Posted on 22 February 2021
Also entry

car insurance premium Dr
to bank

ins premium not to be capitalised.
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On 22 February 2021 at 11:16


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