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i given 20000 amount to some one in a company but the
travelling expendeture only 8000 the person who had taken
the 20000 given all his expendeture for 8000 how to make an
entry in the books of tally. please advice

Question Posted / chandu

Answers were Sorted based on User's Feedback



i given 20000 amount to some one in a company but the travelling expendeture only 8000 the person ..

Answer / sarika chavan

We can show combined entry in Payment Voucher as given
below:-
we use for unknown or that person name 'X' and

DR. travelling expenditure A/c ....... 8000.00
DR. ADVANCE A/c ....... 12000.00
CR. X A/c ................. 20000.00

And also we can show single entry in pmt. voucher:-

1.

Dr. travelling expenditure A.c ...... 8000.00
Cr. X A.c .............. 8000.00

2.

Dr. Advance A.c ........ 12000.00
Cr. X A.c .................. 12000.00

Is This Answer Correct ?    6 Yes 3 No

i given 20000 amount to some one in a company but the travelling expendeture only 8000 the person ..

Answer / sarika chavan

we r debited to that person a/c i.e

we can show the single entry in our book made in payment
voucher as given below:-

1. Dr. X A/c ....... 8000.00
Cr. Cash A/c .......... 8000.00
Narration (Being Cash paid for travelling expenditure for
the montho of .......)

2. Dr. X A/c (advance) ....... 12000.00
Cr. Cash A/c .............. 12000.00
Narration (Being Advance paid to X A/c for the month of...)

Is This Answer Correct ?    3 Yes 1 No

i given 20000 amount to some one in a company but the travelling expendeture only 8000 the person ..

Answer / rahul

WHEN RS 20000 GIVEN TO PERSON
ADVANCE A/C DR 20000
TO CCASH/BANNK A/C 20000
(BEING ADVANCE GIVEN TO PERSON)

WHEN BILL IS SUBMIT
EXPENSES A/C DR 8000
BANK/CASH A/C DR 12000
TO ADVANCES A/C 20000

(BEING EXPENSES BILL OF RS 8000 ARE SUBMIT AND REFEND
BALANCCCE 12000)

Is This Answer Correct ?    2 Yes 0 No

i given 20000 amount to some one in a company but the travelling expendeture only 8000 the person ..

Answer / sarika chavan

sorry, for wrongly i gave answer.

Is This Answer Correct ?    2 Yes 2 No

i given 20000 amount to some one in a company but the travelling expendeture only 8000 the person ..

Answer / y.n.muralidhar

first book this entry for advance payment
x a/c Dr. 20,000
To cash or Bank 20,000
after taking account for travelling expenses book the jv as
travelling expenses a/c 8,000
to x a/c 8,000
and one receipt entry
x a/c Dr. 12,000
to Cash or Bank 12,000

Is This Answer Correct ?    3 Yes 4 No

i given 20000 amount to some one in a company but the travelling expendeture only 8000 the person ..

Answer / madhukar nimbalkar

Dr.Travelling exp a/c. 8000/-
Dr.Advance a/c. 12000/-
Cr.cash/bank a/c 20000/-

Is This Answer Correct ?    0 Yes 1 No

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