What is a contra entry
Answers were Sorted based on User's Feedback
Contra entry is one which is recorded in the both side of
the Three column cash book by indicating capital 'C'in L.F
column. It is recorded only when on of the below entry is
happend. Such as
1. When cash deposited in to bank.
2. When cash withdrawl form bank.
Is This Answer Correct ? | 26 Yes | 0 No |
Answer / n.upendra
Which accounting entry is recorded both sides (Debit and
Credit)of cash book that is called as contra entry i.e
1.Cash deposit in bank
2.Cash with draw from bank
Is This Answer Correct ? | 6 Yes | 0 No |
Answer / ghanshyam roy
contra entry for only self co. transaction for cash and
bank. i.e
1. cash withadral from bank
2. cash deposit in the bank
3 transfer from one bank a/c to another banka/c
Is This Answer Correct ? | 6 Yes | 2 No |
Answer / rajesh jain
There are four type entry will be done..
1> B2B (Bank to Bank Transaction)
2> B2C (Bank to Cash " )
3> C2B (Cash to Cash " )
4> C2C (Cash to Cash " ){petty cash)
Is This Answer Correct ? | 1 Yes | 0 No |
What do you mean by prepration of Balance sheet? how to explain this with example, please tell me if anybody knows this.
how to prepare trial balance?
what is p2p and waht is the p2p cycle
How to calculate TDS on Directors Remuneration if director's age is around 35 years and salary is 59000/- per month. please suggest me with complete detail.
3 Answers ACPL, Ratna Natural Stones, Rupahali,
The Actual Rent was 12000,in the month of Feb i had paid 15000 and in the month of march i had paid 3000. Pass the necessary Journal entry for this.
27 Answers Accenture, Genpact, Sunshine,
what are the voucher entries in tally for medical insurance
In accounting equation what is the treatment of investment in shares??
what is the eligible to deduct the professional tax?
what are the supporting documents of expenses?
i purchase a printer which expenses it comes my shop is medicines purchase and selling
Is all receives are income or all income are receives.and which is the receive that is not income.
what is BRS? How to prepare it?