how to pass entry of petty cash in tally 7.2

Answer Posted / rajesh

Petty Cash Payable A/C ....... Dr
To Cash In Hand A/c F7


Related Expenses A/c ......... Dr

To Petty cash Payable A/c F5

Is This Answer Correct ?    7 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how to deduct tds on income from other sources with examples

1639


What is the general classification of accounts that usually ledger account involve?

679


Why are accounting standards necessary?

656


Can CPF share given by govt. added in the Financial gross salary while calculating Total gross salary at the end of Financial year.For eg: My gross salary is Rs.X during a Fin. year & govt share of CPF is Y then Total Fin. Year gross salary is =X+Y,is it correct?

1808


You are using the accounts approach to parallel valuation and classic assets accounting. You need to create a new financial statement version to valuation based of IFRS principles. In asset accounting, what posting options can you choose for the new depreciation area? (any 2 answer) Area post in real time Area posts APC directly and depreciation periodically Area posts APC only directly Area posts APC and depreciation periodically

993






How many invoices on average do you handle on a weekly/monthly basis?

670


Do you know marginal cost?

626


Which kind of transactions are not recorded in the books of account?

1426


Explain me what do you think is bank reconciliation statement?

627


what is the nature of profit and loss approprition account.which entity prepare this.

1420


Tell us what do you believe should be an important quality of an account executive?

554


GOODS LOST BY FIRE 100 RS, INSURANCE MONY RECEIVED 120,40 PENDING FOR FINAL SETTLEMENT- Journal Entry

1781


Recall a time when you faced a dissatisfied and aggressive customer. How did you handle it?

611


what is the last date of deposit TDS on liability for the assessment year 2010-11

1581


Why you want to change???

1713