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Categories >> Accounting >> Accounting General
 
 


 

 
 Audit interview questions  Audit Interview Questions (422)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (157)
 Taxation interview questions  Taxation Interview Questions (1892)
 Accounting General interview questions  Accounting General Interview Questions (2777)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4351)
Question
How to take the closing balances of all ledgers into next 
financial year as opening balances in tally?
 Question Submitted By :: Ravire
I also faced this Question!!     Rank Answer Posted By  
 
  Re: How to take the closing balances of all ledgers into next financial year as opening balances in tally?
Answer
# 1
Very Simple:

and one thing u should know when closing entries passed
just change that nature :
Expense allways(Telephne Charges )Debit Balance
when closing entry passed just Put Credit balance
if telephone charges for year ended Rs.3000
Closing Entries Will be
Profit & Loss A/c Dr
Telephone Charges Cr
(Being Tr)
You can Try it

 
Is This Answer Correct ?    6 Yes 2 No
Raghu..v.aps Eveng V B.com
 
  Re: How to take the closing balances of all ledgers into next financial year as opening balances in tally?
Answer
# 2
i think you should use the feacher "split data" in tally.
it will transfer all the closing ledger balances to new
financial year.
 
Is This Answer Correct ?    6 Yes 2 No
Gulzar Singh
 
 
 

 
 
 
Other Accounting General Interview Questions
 
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What is debit and credit?   7
What accounting Treatment we should do while we received Amount Rs 39200 After deducting Tds 800 From Invoice Amount 40000. Kindly also explain for deducting Tds should be booked under which Head of Tally.   4
What is the difference between issued capital and subscribed capital?   2
what is general accounting? Cap-Gemini 3
Assuming you are at the office and a colleague criticizes u, how would you react?   1
3, SURVEY EXPENSES FOR MARINE INSURANCE CLAIMS MUST BE A, addedto claim B, added to legal charges c, added to administrative expenses d, none of the above   1
Can u explain Invoice format in details?   2
Briefly explain the difference between receipt & payment and income & expenditure account.   3
why net profit shown liabilities side in balance sheet DuPont 9
What is the golden rule of General Ledger? IBM 2
1) I WANT TO KNOW TDS APPLICABLE TO RENT, CONTRACTOR, SALARY, PROFESSIONALS, TRANSPORT ETC 2) WHAT IS PPF . WHAT ARE THE BENEFITS IF A PERSON INVEST IN PPF. WHAT IS THE RATE OF INTREST AT PRSENT. WHAT IS THE PROCUDURE OF PPF. 3 ) WHAT IS INFLATION ? HOW GOVT CONTROLS INFLATION WHAT ARE THE RESERVE BANK ' RESTRICTIONS ON CONTROLING INFLATION 4) UP TO WHAT AMOUNT TDS IS APPLICABLE . PL SEND US CHART OF TDS APPLICABLE FOR ALL ALLIED SERVICES   1
 
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