Tally entries solution

Entries

1.Purchase A/c Dr

To A

A

To Bank

What type of Voucher Entry?

First Entry is Purchase

Second Entry is Payment

2.Stationary Expense A/c Dr

To B

B Dr

To Cash

What type of Voucher Entry?

First Entry is Journal (it is not purchase as

there is no purchase account)

Second Entry is Payment as cash is credited

3.Cash Dr

To Bank

What type of Voucher Entry?

It is a contra Entry as Cash is debited and bank

is credited

4.Z Dr

To Sales

Bank Dr

To Z

What type of Voucher Entry?

First Entry is Sales

Second Entry is Receipt as bank is debited

5.Cash Dr

To sales

What type of Voucher Entry?

We can put this in Either Receipt or Sales

It is preferable to put in Sales so that it shows

in Sales Register

6.Entry will be

Airtel Dr 2000

To ICICI Bank 2000

Artel is a Sundry Creditor and ICICI Bank is a

Bank Account