sanil (Accountant) (149 Points)
29 December 2009Q-Which voucher i can pass to withdraw the Cash for petty cash from bank?please explain?
a Journal Voucher
b Reciept Voucher
c payment Voucher
Q- What if company withdraws cash for specifice purpose and then without any disbursement redeposited into bank.? Which voucher?
Thanks for replying
MAGESH.G
(STUDENT)
(195 Points)
Replied 30 December 2009
Q1 : Payment Voucher
Q2: First pass payment voucher for the Specific Purpose and then cancel that. Again pass a payment voucher (Bank Payment)
saida
(Finance)
(205 Points)
Replied 30 December 2009
Hi..
For Cash & Bank Entries, "CONTRA" entries are used generally..
sanil
(Accountant)
(149 Points)
Replied 30 December 2009
In our company vouchers there is no COntra vouchers ,
So is it possible to pass in JOurnal voucher.
JAGADEESH
(CA-FINAL ( FINANCE MANAGER))
(57 Points)
Replied 31 December 2009
In the absence of contra voucher system, only journal voucher can be used.
Dheeraj Sondhiya
(CA- IPCC)
(184 Points)
Replied 31 December 2009
right in the absence of contra voucher u can use journal voucher for cash withdrawal and deposit
M.V.S.S.SURYA BHAGAVAN
(income tax practitioner)
(67 Points)
Replied 01 January 2010
Contra Voucher is the right answer for both the questions. In the absence of contra voucher u may pass Journal voucher(s)
vasu parab
(2356)
(29 Points)
Replied 07 September 2010
| Originally posted by : sanil | ||
 |
Q-Which voucher i can pass to withdraw the Cash for petty cash from bank?please explain?
U should pass contra entry.. |
 |
JAGADEESH
(CA-FINAL ( FINANCE MANAGER))
(57 Points)
Replied 07 September 2010
Refer earlier answer/s for the related question.
Dinesh Kumar Agarwal
(Article clerk)
(117 Points)
Replied 20 September 2010
Cash and bank falls under same group and known as cash or cash equivelant thus contra voucher used for Bank - cash, Bank-Bank, Cash-cash, Cash bank
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