Answer Posted / dipankar roy

Journal Voucher-Where No use of Cash & Bank than pass
Journal Voucher is also called adjustment entry.
Contra Voucher-Deposite Cash in Bank & Cash Withdrawl from
Bank then pass contra entry
Cash Voucher- Where Receipt of Cash and payment through cash.
Bank Voucher- Payment through chq or Payment receipt through
Chq or DD.

In which book we can learn in detail of closing stock valuation. And if any site is available kindly help.

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Hi I would like to know what is journal entry for buying securities with Margin Trading I mean 50% of cost is paid by broker. 2nd question is when we withdraw extra money from the balance we have in bank account which means our balance become (-) what is journal entry for that, should I just credit the bank or should I put the extra money with-drawled as a liability account ? Thank you in advance!

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