Contra entry with example?
- 40 Answers
- 213321 Views
- Industrial Power Supplies, PVS Advertising, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / ibrahim saheed
It means when dias is
casaulity in both the
double entry.........e.g
Cash paid in bank?
Effect on both side
Cr:bank under Cash a/c
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / raj shekar dk
My question is When we deposite cash As a capital then it considered as a
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / pranav dixit
contra entry is an entry which involves both cash and bank . such transactions are recorded in cash book are but not posted in ledger accounts . example - cash deposited into bank , cash withdrawn from bank .
Bank a/c dr 5000
To cash a/c 5000
(Being cash deposited into bank )
cash a/c dr 5000
To bank a/c 5000
(Being cash withdrawn from bank )
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / anirban barman
When a transaction is effected by both cash as well as bank is called contra entry.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / rajesh
Cash a/c dr
To bank
Because own business but my money increased or bank decrease accatuly entry is a contra entry
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / rakesh gupta
Cash A/c Dr.
To Bank A/c
And
Bank A/c Dr.
To cash A/c
It is contra entry
| Is This Answer Correct ? | 1 Yes | 0 No |
can any one tell me the Types of accounts in practise
What is the difference between Cash Flow & Fund Flow
Short Answer on _________BOOK Keeping
Questions on Purchase Book & sales Book .Balance sheet , Purchase & Sales Return
Each transaction has two aspects which is called as -------- ----concept
what is the diffrance between fund flow statement and cash flow statement.
Examples of automatic generated content material of car logbook loans?
what is mean by credit purchase?
What is Capital Structue?
Who will be called as consignor
Is a purchase return revenue?
WHAT IS BANK RECONCILIATION STATEMENT? DIFFERENCE BET PUBLIC COMPANY AND PRIVATE COMPANY? MEMBERS IN PUBLIC CO AND PRIVATE COMPANY? WHAT IS DEPRECIATION?
Audit 
