Contra entry with example?

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Contra entry with example?..

Answer / shulka

cash deposited in HDFC BANK

BANK A/C -------------------Dr
TO CASH A/C--------------Cr

Is This Answer Correct ?    8 Yes 0 No

Contra entry with example?..

Answer / ramesh

i am ramesh. i have completed M.B.A. New entry of the tally ERP

Is This Answer Correct ?    7 Yes 0 No

Contra entry with example?..

Answer / inderjeet

even cash withdrawal from bank or cash deposit in bank
will always contra entry

example deposit cash into bank 10000/-
entry:
bank dr.10000/-
cash cr.10000/-
its contra entry.

withdrawal from bank 10000/-
cash dr.10000/-
bank cr.10000/-

also contra entry

Is This Answer Correct ?    7 Yes 0 No

Contra entry with example?..

Answer / md. alamgir hossain

When you receive any cash from clients to buy share by your
brokerage house. You need to make contra entry in your A/C
system like.

Dr to cash A/C
Cr to clients A/C

One more entry you need do when you deposit cash in bank

Cr to cash A/C
Dr to Bank A/C

Is This Answer Correct ?    5 Yes 0 No

Contra entry with example?..

Answer / venkat

Contra entry means....when we compare the both book like
cash book and bank book entry's.


See easily understand -


we have cash book... when we deposit the money -cash book
value wil be decrease ( Credit) bank book value wil be
increse( debit).

As wel as same process when we withdraw the cash our cash
book value wil be increase(debit) and bank book value wil be
decrease( credit).

so finally observe those entry's we have to post the contra
entry's when we dealing with bank transactions.

Is This Answer Correct ?    4 Yes 0 No

Contra entry with example?..

Answer / jitendra kumar

cash deposit in canara bank

Is This Answer Correct ?    4 Yes 1 No

Contra entry with example?..

Answer / anvilasini

Cash A/c dr
To Bank A/c

Is This Answer Correct ?    3 Yes 0 No

Contra entry with example?..

Answer / sathik ali

BANK TO BANK TRANSACTION

Is This Answer Correct ?    3 Yes 0 No

Contra entry with example?..

Answer / yoonus khan

if cash withdraw from bank for Rs. 2000

in bank books
cash A/c Dr 2000/-
TO Bank A/c 2000/-

if Cash Deposit in bank for Rs. 5000/-
in bank books
Bank A/c Dr 5000/-
To Cash A/c 500/-

Is This Answer Correct ?    4 Yes 1 No

Contra entry with example?..

Answer / pavan

yes

Is This Answer Correct ?    2 Yes 0 No

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