proprietor account

Sam Kochhar (Owner) (69 Points)

07 April 2010  

Hi, I am new to Tally. Can you please advise how can i show following entries in Tally and under what account it will come:

1) Every month- I withdrawal certain amount from by Current Account in form of Cheque which is transferred to Saving Account for my personal expenses. So under what head this account will fall.

2) Cash withdrawls: I have made certain Cash Withdrawls from my Current Account for buying some stuff or making payments. Under what head this transaction will come.

 

Please suggest me. 

Thanks

Sumeet