what is a contra entry how it is passed in journal and cashbook?

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what is a contra entry how it is passed in journal and cashbook?..

two types of conta entry
1. cash deposit into the bank
bank a/c dr
to cash a/c

2. cash withdraw from bank
cash a/c .d/r
to bank a/c

Is This Answer Correct ?

20 Yes

0 No

what is a contra entry how it is passed in journal and cashbook?..

Answer / basavaraj m jadegondar hangal

When Cash withdrawn from Bank
Cash A/c ........Dr
To Bank A/c

When Cash Deposited into Bank
Bank A/c.........Dr
To Cash A/c

Is This Answer Correct ?

12 Yes

0 No

what is a contra entry how it is passed in journal and cashbook?..

Answer / gangadhar

contra entry means the transaction posted at a time in the
cash book that is both debit and credit
example
1. cash withdrawn from the bank
2. cash deposited in bank

Is This Answer Correct ?

5 Yes

0 No

what is a contra entry how it is passed in journal and cashbook?..

Answer / praveen kumar

contra entry means it is treats in cash book and pass book
two times

two conditions is apply this entry namely:

1. cash depositted into bank for office useand
cash a/c Dr
to Bank a/c

2. cash with draw from bank for office use......

Bank a/c Dr
cash a/c.

Is This Answer Correct ?

8 Yes

15 No

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