What is the meaning of contra entry

Answers were Sorted based on User's Feedback



What is the meaning of contra entry ..

Answer / dharmendra samal

contra entry is one type of accounting entry, which is used
when we make transaction in between bank to bank, and bank
to cash.

Is This Answer Correct ?    23 Yes 2 No

What is the meaning of contra entry ..

Answer / laxmikant

Quantra entry means the transaction between bank to bank
and cash to bank.

Is This Answer Correct ?    3 Yes 2 No

What is the meaning of contra entry ..

Answer / naresh babu

Which accounting entry is recorded on both the debit and credit side of the cash book this is called as contra entry

Is This Answer Correct ?    0 Yes 0 No

What is the meaning of contra entry ..

Answer / saradhi

cheque and deposited into bank

Is This Answer Correct ?    0 Yes 1 No

Post New Answer

More Accounting General Interview Questions

what will be the entry for inventory

0 Answers   Accenture,


RPC Ltd. follows the written down value method of depreciating machinery year after year due to (a) Comparability. (b) Convenience. (c) Consistency. (d) All of the above.

1 Answers  


What are the functions of manger -accounts and manager-finance?

0 Answers  


What is the journal entry of building rent and TDs payment?

0 Answers  


how to prepare trial balance?

1 Answers  






What is the Cash FLow and Examples

1 Answers  


define accounting?

3 Answers  


During the Interview in a Company the Interviewer asked me that Why the Depreciation Rate as per Income Tax Act & Companies Tax Act differs, please answer this quetion ?

2 Answers  


Whether we add or not the Insurance policy premium of vehicle in asset value?

3 Answers  


what is the difference between shares and debentures

1 Answers   ADP,


How to show Airticket Expense on Company's A/c as Company expense

0 Answers  


what is amalgamation?

4 Answers  


Categories