JAIIB AFB Unit 22 - Operational Aspects of Accounting Entries

JAIIB AFB Unit 22 - Operational Aspects of Accounting Entries (Year: 2019)


There are two types of transactions in a Bank, Cash and non-cash.

Vouchers

There are two types of vouchers.

1. which evidences only debit or credit to an account
2. which contains both debit and credit to different accounts (composite vouchers)

Normal debit vouchers are :

  1. Cheques
  2. Withdrawal forms
  3. Drafts
  4. Dividend/interest warrants
  5. Travellers' cheques
  6. Letter of authority signed by the customers, containing standing instructions.
  7. Debit vouchers prepared by the branch
  8. Term Deposit receipt presented for payment

Normal Credit vouchers are :

  1. Pay-in-slips
  2. Applications for issue of DDs, TDs, BCs, RTGS/NEFT, pay orders
  3. Challans for deposits into Central/State Govt Accounts
  4. Credit vouchers prepared by the branch

Best JAIIB Books 2022