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what is mean by contra entry
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Answer / ravi.harjai2009@gmail.com
when the a person send the cash from cash account to bank
account or vice-versa then the contra entry has been passed.
| Is This Answer Correct ? | 15 Yes | 0 No |
Answer / kailashshakya
when a person cash transaction in bank account (cash
withdraw or deposit) then the contra entry passed
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / maggi
This is a transfer of monies between accounts or when a customer is also a supplier
| Is This Answer Correct ? | 0 Yes | 6 No |
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Hi,Friends, I have a simple question in my mind that I have one head office that in faridabad and other branch in delhi,i purchase material in delhi for availing the tax benefit in delhi then i transfer the same material to head office(faribabad) agianst "F" form,i purchased material in delhi basic price rs. 5 +.42 taxes it comes rs. 5.42/-,my question is on which amount i should transfer the material from delhi to faridabad i.e 5,5.42 or 5 + freight(if any).kindly please solve my problem.
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