Contra entry with example?

Answer Posted / nisha

if cash withdral 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 ?    166 Yes 47 No



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