If i get money from my friend and i give money to my friend then entry will be and which voucher use in tally

EknaTh Dafal

May 2, 2017, 10:48 p.m.

Answers!

Davneet Singh

May 3, 2017, 4:09 p.m.

Hi Eknath

Entry for Money Received from Friend A Rs 20000

Cash A/c Dr/Bank A/c Dr

To A Loan A/c

It is a Receipt Entry in Tally

Entry for Money paid to Friend B Rs 15000

B A/c (Under Loan and Advances Assets) 15000

To CASH/Bank 15000

B is under Under Loan and Advances Assets in Tally

It is a payment Entry in Tally

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