Tally is an ERP accounting software package used for recording day to day business data of a company. For example each every accounting works done through computer. And Tally many versions of software are available...The latest version of Tally is Tally ERP 9.
REAL ACCOUNT + Debit what comes into business. + Credit what goes out from the business. PERSONAL ACCOUNT + Debit the receiver. + Credit the giver. NOMINAL ACCOUNT + Debit the expense or loss of the business. + Credit the income or gain of the business.
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