What is Balance sheet in Tally?
Answer / raghuvstar@gmail.com
Balance sheet is summary of Assets and Liabilities of the company,
by balance we can understand financial position of the company.
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The Trial balance will show only the Opening Stock & Purchase for any given period, but for Profit and loss, we have to calucate the Opening + Purchase – Closing stock ?
If the Rent paid amount including TDS Amount and Service tax. and the company effecting for input tax what will be the entry we need to pass in books...pls help me out. 9964339964 / dgowda99@gmail.com
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