Payment entry

Ek Proprietor ne apne saving bank account se apni firm ke current bank account me 8 lakh rupye transfer kiye hai uski entry kaise hogi tally me plz tell me Dears.
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Quick Summary
This discussion explains how to accurately record a proprietor transferring funds from their personal savings account to the firm's current account in Tally ERP. The correct journal entries for both the firm's books and the proprietor's books are provided, ensuring proper accounting for capital investment.

In books of firm,
Bank Account Dr.
To Capital A/c

In Books of Proprietor
Firm account Dr.
To Bank Account
Sir agar firm or Proprietor dono ka account tally me ek hi company me maintain krte h to fir kaise kre
Current Bank Account Dr.
To Capital A/c

Firm account Dr.(under head investment)
To Saving Bank Account.
Thanks Sir
Welcome

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