I Need Help in Tally?

Question

I got the solution for my last query on Tally. Further to that I ask the following. Suppose there is some amount as Net Profit during one financial year. Can we spend that profit in the next financial year? If so, how? We don't want to add this amount in the capital a/c. Thanks to everyone for giving time.

Answer 1

How to make entry of Bankrupt? For example :- Jones who owed us Rs 200 became bankrupt and paid us 50.P in the rupee? Please tell me where to make n How to make its entry?