Trimurthy Traders(Proprietor : Mr. Surya Krishnamurthy) - Transaction No.252 of Practice Sheet-12, Journal Voucher No.3 - Entry in TallyPrime

Practice Sheet - 12 (Transactions for the month of March' 2022)

TRIMURTHY TRADERS

(Prop : Mr. Surya Krishnamurthy) 

Financial Year : 2021-22(April' 2021 to March' 2022)

Assessment Year : 2022-23(April' 2022 to March' 2023)

Date : 31/03/2022 (Transaction No. 252)

Depreciation charged on Fixed Assets : 40% on Computer, 10% on Furniture & Fixture, 15% on Motor Cycle.

Journal Entry

Journal Entry for Depreciation Charged on Fixed Assets.

Let's see how to enter the above transaction in TallyPrime.

Steps to enter in TallyPrime.

Go to Voucher Entry Screen

Press 'F7' or click on 'F7:Journal' 

Press 'F2' or click on 'F2:Date' to enter Date of Voucher/Date of Transaction.

Create Ledger Name 'Depreciation A/c' under group 'Indirect Expenses'

Place Debit Ledger and Credit Ledger Accounts with amount as mentioned in the image below.

Journal Voucher Entry for Depreciation on Fixed Assets in TallyPrime

Press 'Ctrl+A' to Accept/Save Voucher.

Now Voucher Entry for the above transaction is Complete.

 

Location: Cuttack, Odisha, India

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