Tally entry for govern. scholarship to the student

In Tally the entry in the books of Institute, following needs to be passed.

When scholarship money received:

Bank A/c Dr.  15,000

    To Scholarship A/c  15,000 (create this under the head current liabilities in Tally)

When the money is given to A,B and C.

Scholarship A/c Dr.  15,000

   To A's A/c   5,000

   To B's A/c   5,000

   To C's A/c   5,000

Creator and Author - TallySchool

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