Answer / neeraj khurana

Clear balance means the amount lying n account after
considering all transactions viz. debit and credit by bank
till that date ...that is ---other than any uncleared
cheque if any of uncleared credit if any till the closing
hours of bank for that particular date

Answer / pradip patil

Tally both side debit and credit means clear balance

Please answer me for the followings 1. i taken an office on January @ rent 28000.00 for one year and i paid 14000.00 as first payment balance will be paid on august. in tally how we post this and under which account especially balance 14000.0 under which account. 2.i have taken a loan from mr. A the amount is 100000.00 on January and the interest i need to pay on march 21000.00 the interest which iam going to pay is liability not a expense and it will be a expense in future, how we can post this also in tally and under which account. please somebody guide me who knows regards niyas es

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