Journal voucher In TallyPrime is a voucher type in which we record only those transactions which are not related to cash. For example, if company purchase furniture from Vishwakarma furniture on credit, so this transaction’s journal entry will be Furniture A/c Dr to Vishwakarma furniture. So this entry can be recorded in journal voucher(F7).
Journal entries are used to adjust the debit and credit amounts without involving the cash or bank accounts. Hence, they are referred to as adjustment entries.
Whereas journal is one of the voucher where some specific
transaction are been recorded which we cannot record in any other voucher.
For example, Depreciation entries, bad debt, year ending entries, provisions, etc
For example:
1. Mr. Sachin started Business with Cash of Rs. 1,00,000.
2. Mr. Sachin opened a new Bank Account in HDFC Bank & Deposited Rs. 50,000.
3. Mr. Sachin Purchased Computer of Rs. 20,000 by Cash.
4. Purchased Goods of Rs. 15000 by Cash.
5. Sold goods of Rs. 10,000 on Cash.
6. Sold goods of Rs. 6000 on Cash.
7. Mr. Sachin purchase Furniture of Rs. 10,000 by cheque.
8. Purchase goods of Rs. 12000 from Krishna on Credit.
9. Sold goods to Sanjay of Rs. 15,000 On Credit.
10. Paid Petrol Expenses of Rs. 500 by Cash.
11. Paid Telephone Expenses of Rs. 1200 by Cash.
12. Received Cash from Sanjay of Rs. 10000.
13. Withdraw Cash from HDFC Bank of Rs. 15000.
14. Paid Rent Expenses of Rs. 3000 by Cash.
15. Purchase goods of Rs. 10,000 by Cash.
16. Paid Cash to Krishna of Rs. 7000.
17. Received Commission of Rs. 5000 by Cash.
18. Paid petrol Expenses of Rs. 300 by Cash.
19. Loan taken(Receipt) from Bhushan of Rs. 20,000 in cash.
20. Sold goods to Jayesh Agencies of Rs. 17000 on credit.
21. Received cheque from Sanjay of Rs. 2000.
22. Deposited Cash in HDFC Bank of Rs. 10,000.
23. Paid Office Expenses of Rs. 500 by Cash.
24. Paid Electricity Expenses by cheque of Rs. 1000.
25. Cheque of Rs. 1500 transfered from HDFC Bank to ICICI Bank
26. Purchased AC from Mahavir Enterprises of Rs. 10,000 on Credit.
27. Received Cash From Jayesh Agencies of Rs. 1500 .
28. Paid Octroi Expenses of Rs. 400 Cash.
29. Sold goods of Rs.15000 on Cash.
30. Purchased goods of Rs. 3000 by Cash.
Net Profit- 21,100
2. Mr. Sachin opened a new Bank Account in HDFC Bank & Deposited Rs. 50,000.
3. Mr. Sachin Purchased Computer of Rs. 20,000 by Cash.
4. Purchased Goods of Rs. 15000 by Cash.
5. Sold goods of Rs. 10,000 on Cash.
6. Sold goods of Rs. 6000 on Cash.
7. Mr. Sachin purchase Furniture of Rs. 10,000 by cheque.
8. Purchase goods of Rs. 12000 from Krishna on Credit.
9. Sold goods to Sanjay of Rs. 15,000 On Credit.
10. Paid Petrol Expenses of Rs. 500 by Cash.
11. Paid Telephone Expenses of Rs. 1200 by Cash.
12. Received Cash from Sanjay of Rs. 10000.
13. Withdraw Cash from HDFC Bank of Rs. 15000.
14. Paid Rent Expenses of Rs. 3000 by Cash.
15. Purchase goods of Rs. 10,000 by Cash.
16. Paid Cash to Krishna of Rs. 7000.
17. Received Commission of Rs. 5000 by Cash.
18. Paid petrol Expenses of Rs. 300 by Cash.
19. Loan taken(Receipt) from Bhushan of Rs. 20,000 in cash.
20. Sold goods to Jayesh Agencies of Rs. 17000 on credit.
21. Received cheque from Sanjay of Rs. 2000.
22. Deposited Cash in HDFC Bank of Rs. 10,000.
23. Paid Office Expenses of Rs. 500 by Cash.
24. Paid Electricity Expenses by cheque of Rs. 1000.
25. Cheque of Rs. 1500 transfered from HDFC Bank to ICICI Bank
26. Purchased AC from Mahavir Enterprises of Rs. 10,000 on Credit.
27. Received Cash From Jayesh Agencies of Rs. 1500 .
28. Paid Octroi Expenses of Rs. 400 Cash.
29. Sold goods of Rs.15000 on Cash.
30. Purchased goods of Rs. 3000 by Cash.
