what is the gernal vocher ?
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Answer / h.r. sreepada bhagi
It's not Gernal Voucher, it's 'Journal Voucher'.
It the Voucher to record transactions other than, Sales,
Purchases, Sales & Purchase Returns, Cash/Bank
Payments/Receipts Debit & Credit Notes. It's used to book
expenses, incomes other than sales to pass adjustment
entries, month/year end closing entries, etc. It's also
called 'General Journal Voucher', because all other vouchers
are also Journals only, like Purchase Journal, Sales
Journal, etc.
Is This Answer Correct ? | 8 Yes | 0 No |
Gernal voucher is the recod of transaction in which
cash/bank does not get affected.
like :- salary due but not paid for consecutive pervious 2
months.
salary A/c DR
To outstanding Salary CR
Is This Answer Correct ? | 3 Yes | 2 No |
Loan sanctioned by Andhra bank was trasfered to current account. Pass journal entry
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