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Contra Entry: I have deposited some amount from company
account kannur branch to H.O. bank account. both pnb. What
will be the contra entry for this transaction?
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Dr Bank A/c --- xxx to concerned branch a/c ---xxx
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Answer / eranna
kannur bank a/c Dr.
punjab bank a/c dr.
to cash a\c
(being cash will going out out of the business)
| Is This Answer Correct ? | 1 Yes | 5 No |
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