Interested to Buy Any Domain ? << Click Here >> for more details...
wat is contra Entry
- 6 Answers
- 11270 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / prince
contra entry is transfer entry betweem Cash & Bank And bank
to Bank
| Is This Answer Correct ? | 47 Yes | 3 No |
Answer / gaurav garg
Dear Sir/Madam
when a businessman deposit cash in bank or when withdraw
cash form bank than this entry go both ledger "cash ledger"
and "Bank Ledger".
If businessman deposit cash in the bank than cash ledger
will credit(Cr.) and Bank ledger will debit (Dr.). and
if businessman withdraw cash from bank than cash ledger will
Debit(Dr.) and bank ledger is Credit(Cr.) in Contra Voucher
contra entry (shortcut key press-F4 ) in tally software and
entre this entry in this contra voucher.
| Is This Answer Correct ? | 16 Yes | 1 No |
Answer / chetan
Contra entry means,
It is related with cash & bank,
1) cash deposited into the bank.
2) cash withdrawal from bank.
3) in case, company have account in two different bank,
company transfer cash or cheque from bank to bank.
above given example, are consist in the contra entry.
| Is This Answer Correct ? | 9 Yes | 0 No |
Answer / shekhar
contra entry effect in cash book.its effected in accounting
the entry will be posting two sides. this entry will be
attempted three situations.
| Is This Answer Correct ? | 8 Yes | 0 No |
Answer / triloksharma71
For example, cash of Rs. 5,000 is deposited into a bank. In
this transaction both bank account and cash account are
involved and they will be recorded on both sides of Double
Column cash book i.e. on the debit side in bank column and
on the credit side in cash column.
| Is This Answer Correct ? | 4 Yes | 0 No |
What is TDS?
what is the difference between a company's balance sheet & a bank's balance sheet.what is the negotiable instrument act . is cheque a negotiable instrument.
4 Answers ESIC, State Bank Of India SBI,
EXPAND_________VIT
Where does TDS payable & receivable appear in the books of accounts
where we have file E-returns in SAP FICO-CIN/Wtax?
what did you mean by cash credit limit account ?
0 Answers Aditya Birla, Genpact,
Expand A G M
what is corporate accounting?
ACCOUNTING STANDARDS ISSUED BY INSTITUE OF CHARTERED ACCOUNTANCY INDIA FOR PREPARING FUND FLOW STATEMENT
GAP Stand for
11 Answers Genpact, Infosys, Northern Trust,
we are in contraction business, we purchase raw material and paid tax on related material, suppose we want to bill to our party in WCT?
when calculating for np% do i include interest or do i take it off
Audit 
