Trimurthy Traders(Prop : Mr.Surya Krishnamurthy) - Transaction No.2 of Practice Sheet-1, Contra Voucher No.1 - Entry in TallyPrime

Practice Sheet - 1(Transactions for the month of April' 2021)

TRIMURTHY TRADERS

(Prop : Mr. Surya Krishnamurthy) 

Financial Year : 2021-22(April' 2021 to March' 2022)

Assessment Year : 2022-23(April' 2022 to March' 2023)

Date : 01/04/2021 (Transaction No.2)

Opened a Current Account with Axis Bank and deposited Cash for ₹5,00,000/-.

Journal Entry

Journal Entry for Cash Deposit into Axis Bank Current Account

Let's enter the above transaction using Accounting Software TallyPrime

Steps for entering the above transaction.

If TallyPrime software is not open.

Open TallyPrime software and on GOT screen select and press 'Enter' on 'Vouchers'.

Voucher Entry in TallyPrime
or Press 'V' on GOT screen.

Press  'F4' or click on 'F4:Contra' available in Menu Bar.

Contra Voucher Entry in TallyPrime - Cash Deposit into Bank.

If already in Voucher mode continue from the screen image shown just above.

Press 'F2' to enter date of transaction.

Select and press 'Enter' on Cash where 'To' or 'Cr' shows.

Write amount of Cash deposit in Credit column.

Contra Voucher entry in TallyPrime - Cash deposit into Bank.

Press 'Enter'

Contra Voucher Entry in TallyPrime - Cash Deposit into Bank

Press 'Alt+C' to create 'Axis Bank Current A/c' if not available in 'List of Ledger Accounts'.

Create 'Axis Bank Current A/c' under 'Bank Account(Current Assets)'

Fill the required fields and press 'Y' or 'Enter' to save.

Contra Voucher Entry in TallyPrime - Cash Deposit into Bank - Bank Ledger Account secondary Creation

Fill amount in Debit column.

Write Narration.

Press 'Y' or 'Enter' to accept.

Contra Voucher Entry in TallyPrime - Cash deposit into Bank.


Now Voucher Entry for the above transaction is complete.

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Location: Cuttack, Odisha, India

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