keshab chandra bhanja


{ City } bhubaneswer
< Country > india
* Profession * accounts ast
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Question { Genpact, 7962 }

What is a contra entry


Answer

Contra entry is one which is recorded in the both side of
the Three column cash book by indicating capital 'C'in L.F
column. It is recorded only when on of the below entry is
happend. Such as
1. When cash deposited in to bank.
2. When cash withdrawl form bank.


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