It is for adjustment between any two ledgers. No outside parties, like Debtors, Creditors, Branches / Divisions are involved. These are for rectification entries in which as any kind of adjustment for non-cash or bank transactions are recorded here.
Gateway of Tally à Voucher à Click on F7 : Journal
Alternatively, press Alt+G (Go To) > Create Voucher > F7 (Journal)
Transactions: Depreciation charge on Furniture of ₹. 5,000/- & Machinery of ₹. 20,000/- respectively.
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[Practical Assignment-22]
Record the following Journal Voucher with date wise…
JOURNAL VOUCHER TRANSACTION [F7]
| SL No | Date | Transactions |
| 30/4/2020 | Interest on Loan is due on Loan from Axis Bank Ltd. of Rs.7,500 (F7: Journal) | |
| 30/4/2020 | Salary for the Month of April is due on Salary Payable of Rs.22,000 (F7:Journal) | |
| 30/4/2020 | Salary of Rs.2,500 is adjusted against Advance of Staff. (F7: Journal) | |
| 25/5/2020 | Following Expenses are paid by Cuttack Office (F7:Journal) Repair and Maintenance 450 Rent Paid 350 Electricity Bills 600 License Fees, Municipal Taxes etc. 500 Subscription & Membership Fees 420 Fuel and Maintenance of Vehicle 520 Warehousing Expenses 325 Insurance Premiums 650 Legal Expenses 450 | |
| 30/4/2020 | Interest on Loan is due on Loan from Axis Bank Ltd. of Rs.7,500 (F7: Journal) | |
| 30/4/2020 | Salary for the Month of April is due on Salary Payable of Rs.22,000 (F7:Journal) | |
| 30/4/2020 | Salary of Rs.2,500 is adjusted against Advance of Staff. (F7: Journal) |
