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Contra entry with example?
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Answer Posted / tabrez
When both Cash & Bank account affects at a time them contra
entry is pass :
e.g :-
Cash 2,000/- withdrawn from bank for petty cash,
entry :-
Dr. Cash a/c 2,000/-
To, bank a/c 2,000/-
| Is This Answer Correct ? | 157 Yes | 35 No |
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