Written on Nov, 16, 2011 by in | Leave a comment

When the material is returned to the supplier after the purchase, in that case purchase return voucher is prepared. How to Prepare Purchase Return Voucher Purchase return voucher has debit and credit sides. While making the purchase return voucher, the supplier’s account is debited and the purchase or purchase return is credited. In some countries like India, the tax charged …

Written on Nov, 16, 2011 by in | 26 Comments.

When any customer returns the goods to the seller then the seller will make the Sales Return Voucher.  Thus, the Sales Return Voucher is prepared for the following transactions:- Material returned by the customers. Rate difference against goods sold. How to Prepare Sales Return Voucher While making the sales return voucher, the sales or sales return account is debited and …

Written on Nov, 16, 2011 by in | Leave a comment

Journal voucher is prepared for the transactions which does not relate to sales, purchases, cash, bank, material returns.  Journal vouchers are prepared for the following transactions:- Opening balances Purchases of fixed assets and other assets on credit Sale of fixed assets and other assets on credit Depreciation on fixed assets. Purchase of any items relating to business expenditures on credit …

Written on Nov, 13, 2011 by in | 2 Comments.

The dictionary meaning of voucher “is a piece of evidence or a written document serving as a proof. A paper which confirms the truth of anything, as a receipt or a certificate of correctness”. For accounts and audit purpose voucher may be defined “as a document which witnesses an entry recorded in a primary books of account. It may be …


Related pages


packing & forwarding chargeswhat does cartage meangive journal entry for provisionmeaning of cash discounttrial balance of manufacturing companywhat is the meaning of gratuityadvance salary paid journal entrytutorial for tallycredit voucher meaningjournal voucher definitioncontra entry in accountingtally accountantstaff amenities definition accountingsteps in preparing trial balancetds on interest on saving accountledger entries in accountingsundry meaning in accountinggeneral ledger bookscheque received journal entry26as formrules for tdsincome tax calculator india 2014-15what is ledger folio numbertax deducted at sourcesgoods return voucher formatrate of tds on rentcommuted pension meaningdebtors definition in accountingpreparation of vouchers in accountingredeemed meaning in hindiadvertising expense journal entry2014-15 income tax ratesjournal voucher formatjournal entry for interest accrued on fixed depositdefine cash receiptscreditor definition in accountingwhat is contra voucherhow to prepare bank reconciliation statement with exampleis pension income taxable in indiatds on pension incomeis pension income taxable in indiatally 7.2 tutorialaccounting ledger samplesingle column cash book examplesale of asset accountingindian accounting basicsvat payable calculationdeductions from income from other sourcessinking fund on balance sheetwhy do you prepare a trial balanceaccounting and bookkeeping differencefdr deduction under section 80cmaximum limit of gratuitytds deduction rules contractorincome tax slabs ay 2013-14definition of voucher in accountingqualities of auditortds claim formobjective of trial balancehow to write a diary entry in hindijournal and ledger entries examplescomputation of taxable income of companiesincome tax rate 2014-15what is tds in income taxtds on renttax debit noteprofit and loss account proformaexamples of income tax calculationsdifference between sundry debtors and sundry creditorscarriage on sales in trading accountgratuity in income taxmeaning of commision