Contra Voucher

Assignment 1

---

Introduction to Contra Voucher

In this session, we will learn how to pass the journal entries for (Contra Vouchers) step by step.
Shortcut key for contra voucher is (F4).

Defination:-

As per the Accounting Principles, a Contra entry is a transaction related to the bank should be recorded under contra.
Transfer of cash between one Cash A/c to another or one Cash A/c to another Bank A/c i.e., is a transaction indicating transfer of funds from:

Example:-

• Cash A/c to Bank A/c.
• Bank A/c to Cash A/c.
• Bank A/c to Bank A/c.

How to pass the journal entries in Tally for Contra Voucher:-

Go to Gateway of Tally => Transactions => Accounting Vouchers

Select F4: Contra from the Button Bar or press F4 .

Exercise 1

JOURNAL ENTRIES (Contra Voucher F4)

S.NO.	PARTICULARS	AMOUNT
1	Cash deposited into SBI Bank A/c.	Rs.6000
2	Cash withdraw from SBI Bank Account.	Rs.3500
3	Amount transfer from SBI Bank to Axis Bank	Rs.5000
4	Amount transfer from Axis Bank to SBI Bank	Rs.2500
5	Cash withdraw from AXIS Bank Account.	Rs.1000
6	Cash deposited into IDBI Bank Account.	Rs.35000
7	Amount transfer from PNB Bank to ICICI Bank	Rs.70000
8	Cash deposit into Kotak Mahindra Bank	Rs.30000
9	Cash deposied into Yes Bank	Rs.72000
10	Cash withdraw from Kotak Mahindra Bank	Rs.20000
11	Amount transfer from Yes Bank to Canara Bank	Rs.8000
12	Cash withdraw from Canara Bank	Rs.7000
13	Cash deposited into Union Bank	Rs.5000
14	Cash withdraw from Union Bank	Rs.2800
15	Amount transfer from Union Bank to Bank of India	Rs.1000
16	Cash withdraw from Bank of India	Rs.800
17	Cash deposited into Bank of Baroda	Rs.80000
18	Cash withdraw from Bank of Baroda	Rs.18000
19	Amount transfer from Bank of Baroda to Bank of India	Rs.6500
20	Cash deposited into Central Bank of India	Rs.10000