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| Corporate practice bd |
A General Journal Voucher is a document used to record any accounting transactions that do not fit into the specialized journals such as sales, purchases, cash receipts, or cash disbursements. These transactions are typically recorded in the general ledger and can include adjustments, accruals, depreciation, and other non-routine transactions.
Table of contents:
1. Provision Journal Entry for gas bill for the month of August
2. AIT Deduction Journal Entry for gas bill for the month of August-2024
3. Amount payable Journal entry for waste material purchase
4.When cheque issue against waste materials from Local party -MM traders(if)
5. When cash deposit Through Govt Challan against party -MM traders(if)
6. When waste materials received in factory go down Thorough MRR(if)
7. Depreciation charge for Factory & Admin for the month of August-2026
8. Provision for Executive, Officers' & Staff salary & allowances for the month of August
9. Adjusted Foreign Exchange Gain /Loss During Monthly Bank Reconciliation
10. Profit & Penalty charge by Bank on Term Finance-000-0001920 (One Off)
11. Provision for chairman remuneration for the month of August,2026.
12.when actually cheque issue for chairman remuneration for the month of August,2026.
13. Amount payable for insurance premium for Raw materials
14. when actually cheque issue for insurance premium for Raw materials
15. Payable against Head office common bill expenses for the Month August-2025 paid by sister concern
16. Amount payable for Clearing bill (C & F) of Raw Material Release Chattoaram sea port.
17. Advance adjustment against Head office rent for the Month of August,2026
18. when actually cheque issue for Head office rent for the Month of August,2026
19. Advance adjusted with Factory license renewal fee with VAT inclusive
20.When Cash paid to Mr. Rahman advance against Purchase
21. Amount payable to XYZ Container & Cargo Carrier for Raw Material Carrying Fare from Chattogram to Factory
22.Murabaha Bill of Exchange (MBE) creation against R/C LC- 120-25367547(if)
23.When Murabaha Bill of Exchange (MBE) Convert to EDF (cash) against R/C LC- 120-25367547(if)
24.EDF Loan creation $0000 @118 under import R/C LC- NO.10670, LC Value$ 0000 dt.10.09.2024
25.Repair expense against Factory Machine
26. Provision for staff overtime & Allowances for the month of June,2024.
Let’s starts with Practical Examples:
Voucher No. 01
Provision Journal Entry for gas bill for the month of August-2026
|
Ledger Name |
Debit (TK) |
Credit (TK) |
Remarks |
|
Gas Bill
|
***** |
|
|
|
Provision for gas bill
|
|
***** |
|
Narration:
Provision Journal Entry for gas bill for the month of August-2026
Voucher No. 02
AIT Deduction Journal Entry for gas bill for the month of August-2024
|
Ledger Name |
Debit (TK) |
Credit (TK) |
Remarks |
|
Provision for gas bill
|
***** |
|
|
|
Titas Gas & transmission LTD- AIT Deduction |
|
***** |
|
Narration:
AIT (2%) against Gas Bill Govt. Challan A/C for the month of August,26. Bill no.0000 dt.06.10.26.
Voucher No. 03
Amount payable Journal entry for waste material purchase:
|
Ledger Name |
Debit (TK) |
Credit (TK) |
Remarks |
|
Transit W/C-MM traders
|
***** |
|
|
|
MM traders-S.C |
|
***** |
|
|
MM traders-AIT Deduction |
|
***** |
|
Narration:
Amount payable for 000 kgs waste Materials purchase @Tk.000.00. Bill date .000 MRR No. date 04.09.26.
Voucher No. 04
When cheque issue against waste materials from Local party -MM traders(if)
|
Ledger Name |
Debit (TK) |
Credit (TK) |
Remarks |
|
MM traders-S.C |
**** |
|
|
|
Social Islami Bank LtdFC-3580 |
|
***** |
|
Narration:
cheque issue against waste materials from Local party -MM traders(if)
Voucher No. 05
When cash deposit Through Govt Challan against party -MM traders(if)
|
Ledger Name |
Debit (TK) |
Credit (TK) |
Remarks |
|
MM traders-AIT Deduction
|
***** |
|
|
|
Factory Petty cash |
|
***** |
|
Narration:
Payment Through Govt Challan against MM traders-AIT Deposit from factory petty cash
Voucher No. 06
When waste materials received in factory go down Thorough MRR(if):
|
Ledger Name |
Debit (TK) |
Credit (TK) |
Remarks |
|
Purchase waste cotton
|
***** |
|
|
|
Transit W/C-MM traders
|
|
***** |
|
Narration:
When waste materials received in factory go down Thorough MRR(if)
Voucher No. 07
Depreciation charge for Factory & Admin for the month of August-2026:
|
Ledger Name |
Debit (TK) |
Credit (TK) |
Remarks |
|
Depreciation-Factory |
***** |
|
|
|
Depreciation-Admin |
***** |
|
|
|
Provision for dep- on roads |
|
**** |
|
|
Provision for dep- on gas line |
|
***** |
|
|
Provision for dep- on office building |
|
***** |
|
|
Provision for dep- on Air conditioned |
|
***** |
|
|
Provision for dep- on generator |
|
***** |
|
|
Provision for dep- on lab equipment |
|
***** |
|
|
Provision for dep- on office furniture |
|
***** |
|
|
Provision for dep- on computer |
|
***** |
|
|
Provision for dep- on machinery |
|
***** |
|
|
Provision for dep- on software |
|
***** |
|
Narration: Depreciation charge for Factory & Admin for the month of August-2026
Voucher No. 08
Provision for Executive, Officers' & Staff salary & allowances for the month of August:
|
Ledger Name |
Debit (TK) |
Credit (TK) |
Remarks |
|
Salary & Allowances-Administration |
***** |
|
|
|
Salary & Allowances-Production |
***** |
|
|
|
Salary & Allowances-Quality Deptt |
***** |
|
|
|
Salary & Allowances-Account-Deptt |
***** |
|
|
|
Salary & Allowances-Commercial -Deptt |
***** |
|
|
|
Salary & Allowances-Mechanical Deptt |
***** |
|
|
|
Salary & Allowances-Electrical-Deptt |
***** |
|
|
|
Salary & Allowances-selling Deptt |
***** |
|
|
|
Provision for salary & Allowances |
|
***** |
|
|
House rent recovery |
|
***** |
|
|
Employees Mobile Bill |
|
***** |
|
|
Late Fine& penalty for Salary & Allowances |
|
***** |
|
Narration:
Voucher No. 09
Adjusted Foreign Exchange Gain dt.31.08.2024:
|
Ledger Name |
Debit (TK) |
Credit (TK) |
Remarks |
|
Foreign Exchange Gain/Loss
|
***** |
|
|
|
Social Islamic Bank-ERQ-1045 |
|
***** |
|
Narration:
Adjusted Foreign Exchange Gain /Loss $0000 @118.80 = Tk. 000 dt.31. 08..2026
Voucher No. 10
Profit & Penalty charge by Bank on Term Finance-000-0001920 (One Off):
|
Ledger Name |
Debit (TK) |
Credit (TK) |
Remarks |
|
Interest on term Finance
|
***** |
|
|
|
Term Finance-000-0001920 (One Off) SJIBL |
|
***** |
|
Narration:
Profit & Penalty charge by Bank on Term Finance-000-0001920 (One Off) SJIBL
Voucher No. 11
Provision for chairman remuneration for the month of August,2026:
|
Ledger Name |
Debit (TK) |
Credit (TK) |
Remarks |
|
chairman remuneration - Admin
|
***** |
|
|
|
Provision for chairman remuneration |
|
***** |
|
Narration:
Provision for chairman remuneration for the month of August,2026.
Voucher No. 12
When actually cheque issue for chairman remuneration for the month of August,2026:
|
Ledger Name |
Debit (TK) |
Credit (TK) |
Remarks |
|
Provision for chairman remuneration
|
***** |
|
|
|
Social Islamic Bank-SND -5260 |
|
***** |
|
Narration:
To record cheque issue for chairman remuneration for the month of August,2026.
Voucher No. 13
Amount payable for insurance premium for Raw materials:
|
Ledger Name |
Debit (TK) |
Credit (TK) |
Remarks |
|
Transit R/C LC-120506280(if)
|
***** |
|
|
|
ABC Insurance company LTd |
|
***** |
|
Narration:
Amount payable for insurance premium for Raw materials
Voucher No. 14
When actually cheque issue for insurance premium for Raw materials:
|
Ledger Name |
Debit (TK) |
Credit (TK) |
Remarks |
|
ABC Insurance company LTd
|
***** |
|
|
|
Social Islamic Bank-SND -5260 |
|
***** |
|
Narration:
To record actually cheque issue for insurance premium for Raw materials
Voucher No. 15
Payable against Head office common bill expenses for the Month August-2025 paid by sister concern:
|
Ledger Name |
Debit (TK) |
Credit (TK) |
Remarks |
|
Common Expense Head office
|
***** |
|
|
|
ABC company LTD Loan to |
|
***** |
|
Narration:
To record Head office common bill expenses for the Month August-2025 paid by sister concern ABC company LTD
Voucher No. 16
Amount payable for Clearing bill (C & F) of Raw Material Release Chattoaram sea port.
|
Ledger Name |
Debit (TK) |
Credit (TK) |
Remarks |
|
Transit R/C LC-120506280(if)
|
***** |
|
|
|
C & F agent S.C |
|
***** |
|
Narration:
To record payable for Clearing bill (C & F) of Raw Material Release Chattoaram sea port.
Voucher No. 17
Advance adjustment against Head office rent for the Month of August,2026:
|
Ledger Name |
Debit (TK) |
Credit (TK) |
Remarks |
|
Head Office rent
|
***** |
|
|
|
Mr.X Rahman advance against rent |
|
***** |
|
Narration:
Advance adjustment against Head office rent for the Month of August,2026
Voucher No. 18
when actually cheque issue for Head office rent for the Month of August,2026:
|
Ledger Name |
Debit (TK) |
Credit (TK) |
Remarks |
|
Mr.X Rahman advance against rent |
***** |
|
|
|
Social Islamic Bank-SND -5260 |
|
***** |
|
Narration:
To record actually cheque issue for Head office rent for the Month of August,2026
Voucher No. 19
Advance adjusted with Factory license renewal fee with VAT inclusive:
|
Ledger Name |
Debit (TK) |
Credit (TK) |
Remarks |
|
Factory license fee |
***** |
|
|
|
Mr.R Rahman advance against Purchase |
|
***** |
|
Narration:
Advance adjusted with Factory license renewal fee with VAT inclusive
Voucher No. 20
When Cash paid to Mr. Rahman advance against Purchase:
|
Ledger Name |
Debit (TK) |
Credit (TK) |
Remarks |
|
Mr.R Rahman advance against Purchase
|
***** |
|
|
|
Factory Petty cash Account |
|
***** |
|
Narration:
To record Cash paid to Mr. Rahman advance against Purchase
Voucher No. 21
Amount payable to XYZ Container & Cargo Carrier for Raw Material Carrying Fare from Chattogram to Factory:
|
Ledger Name |
Debit (TK) |
Credit (TK) |
Remarks |
|
Transit R/C LC-120506280(if)
|
***** |
|
|
|
ABC Container & cargo service |
|
***** |
|
Narration:
Amount payable to XYZ Container & Cargo Carrier for Raw Material Carrying Fare from Chattogram to Factory.
Voucher No. 22
Murabaha Bill of Exchange (MBE) creation against R/C LC- 120-25367547(if):
|
Ledger Name |
Debit (TK) |
Credit (TK) |
Remarks |
|
Transit R/C LC-1202240450
|
***** |
|
|
|
EDF-MBE-2076-19574, RC-LC-40450
|
|
***** |
|
Narration:
Murabaha Bill of Exchange (MBE) creation against R/C LC- 120-25367547(if)
Voucher No. 23
When Murabaha Bill of Exchange (MBE) Convert to EDF (cash) against R/C LC- 120-25367547(if):
|
Ledger Name |
Debit (TK) |
Credit (TK) |
Remarks |
|
EDF-MBE-2332-183374, RC-LC-40450
|
***** |
|
|
|
EDF-2472-6970, RC-LC-LC-40450 SIBL
|
|
***** |
|
Narration:
When Murabaha Bill of Exchange (MBE) Convert to EDF (cash) against R/C LC- 120-25367547(if)
Voucher No. 24
EDF Loan creation $0000 @118 under import R/C LC- NO.10670, LC Value$ 0000 dt.10.09.2024:
|
Ledger Name |
Debit (TK) |
Credit (TK) |
Remarks |
|
Transit R/C LC-10670
|
***** |
|
|
|
EDF-2472-4698, RC-LC-10670 SIBL
|
|
***** |
|
Narration:
EDF Loan creation $0000 @118 under import R/C LC- NO.10670, LC Value$ 0000 dt.10.09.202
Voucher No. 25
Repair expense against Factory Machine:
|
Ledger Name |
Debit (TK) |
Credit (TK) |
Remarks |
|
Repair R-60 Machine
|
***** |
|
|
|
Telecom service S.C |
|
***** |
|
|
Telecom service AIT Deduction |
|
***** |
|
Narration:
Amount payable against repair of frequency inverter, measuring head & plug in module. Bill No.4654 date 12.05.24.
Voucher No. 26
Provision for staff overtime & Allowances for the month of June,2024:
|
Ledger Name |
Debit (TK) |
Credit (TK) |
Remarks |
|
Overtime salary-Admin
|
***** |
|
|
|
Provision for overtime & Allowance |
|
***** |
|
Narration:
Provision for staff overtime & Allowances for the month of J