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Contra entry with example?

Answer Posted / b.narasimha rao

THE DEBIT AND CREDIT ASPECT ARE RECORDED OPPOSIT IN CASH
BOOK THAT IS CALLED CONTRY ENTRY

FOR EXAMLE CASH DEPOSITED IN BANK CONTRY ENTRY IS

BANK A/C DR
TO CASH A/C

Is This Answer Correct ?    1207 Yes 122 No



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