Interested to Buy Any Domain ? << Click Here >> for more details...
What is contra entry?
- 16 Answers
- 26103 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / jagdish
the transaction from bank to cash and cash to bank is
called contra entry
| Is This Answer Correct ? | 56 Yes | 0 No |
Answer / rabindra kumar mallick
The entry directly inter related to both cash & bank i.e.
Cash deposited & withdrawn from bank, Funds transfered from
one bank to Another bank.
| Is This Answer Correct ? | 23 Yes | 2 No |
Answer / pradnya
Contra entry includes following transactions :
1) Cash to Cash
2) Bank to Bank
3) Cash to Bank
4) Bank to Cash
| Is This Answer Correct ? | 25 Yes | 5 No |
Answer / swetha
this can be seen in three column cash book when the
transaction happen between company cash and bank.
ex:company deposited cash in bank
| Is This Answer Correct ? | 10 Yes | 0 No |
Answer / thakor
contra entry means the entry in which effect came in to
cashbook and in bank only
| Is This Answer Correct ? | 10 Yes | 1 No |
Answer / sarada
As per accounting rules, contra entry is a transaction
indicating transfer of funds from
Cash account to Bank account.
Bank account to Cash account.
One Bank account to another Bank account.
One Cash account to another Cash account.
| Is This Answer Correct ? | 11 Yes | 2 No |
Answer / vinay kumar . pagidikondala
which accounting entry recorded on both sides of the cash
book ( Debit side & Credit side) of the cash book is known
as Contra entry.
Contra entry will come on the picture only when
cash deposited at bank or cash withdrawn from the bank.
pvinay0910@gmail.com
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / varun
contra entry means both side related translation cash to bank bank to cash that is also called contra
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / naresh kumar
contra entry is an entry were it is effected in two sides
of accounts i.e. in bank book as well as cash book. it will
b like cash to bank, bank to cash.
| Is This Answer Correct ? | 0 Yes | 0 No |
The real meaning of Purchase
Can I do ca without maths as a subject...?
sir I heard from some body that he received more money than requested in an ATM.Is it possible, if yes what is the remedy ?
What is CST ?
What is the difference between Discount & consession?
Into which account do we close the revaluation account balance during the winding up of a company?
what is accural ledger
3 Answers Bank Of America, HSBC,
I have an interview in a software company for the post of Functional test engineer. They want the person from bcom Back ground( i am a bcome graduate 2006) and the person Should have good accounts knowledge. Now i want to know What kinds of questions they can ask or can give in written Test. I m nervous coz its been 5 years i have done bcom. So How shud i prepare for interview.Please help?
Hi,i went for an interview they asked me why a balance sheet should tally.can anyone tell me
how to select afile in window vista
Should we take the taxes in to P& L A/c.
Tell me do you think there is any difference between inactive and dormant accounts?
Audit 
