adspace


Contra entry with example?

Answer Posted / bhanu

from bank to bank transactions or cash to bank transactions
are enter as contra onlyin tally versions

Is This Answer Correct ?    509 Yes 105 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is meant by advance ruling? What is the scheme of advance rulings?

2095


You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.

2414


Hello Frd's This is Mohd NaseerUddin. Is Anyone can help me out to findout a Accounting Peachtree 7.2 note's aswel as Focus notes also Plsssssss helpme out to find it. My E-mail id is mohd_naseeruddin43@yahoo.com

2068


WHEN IN ADJUST. GIVEN THAT THERE IS VALUE OF RS...., OBSOLESCENCE STOCK INCLUDED IN CLOSING STOCK RS.......,WHAT IS THE PROPER WAY TO SHOW IN INCOME STATEMENT AND POSITION STATEMENT.

2241


please give me a last 10 years sbi clerk question and answer paper

2059


Please send the clerical exam questions and answers to my mail Id pinky18.02.1985@gmail.com

2300


Hi Im Arun D. I m short listed for Karnatka bank interview. Can anybody share ur experiences regarding Bank interview of karnatka bank which was held on dec for Clerical post. Please help me I f u can. thanx in advance

2111


How Many Points include in Mat Calculation , what is the different bitween Gross Profit & Book Profits?

2585


plz send me the accounting questions and answers of bank of america.

1977


pls send me capital iq quition paper pls, ihave 2mr interview thanks

2399


i want to know the TDS deduction Chart for 2008/09 Eg : professional fee ,contractors ,subcontroctors. rent . ............

2555


HOW MUCH LATEST ACCOUNTING STANDARDS , TDS RATE , INCOME TAX RATE, EXCISE , VAT , SERVICE TAX & FBT RATES? (PLS. ARRANGE TO SEND THE RATES FOR ABOVE IN CATAGORY & LIMIT WISE)

3576


CLASSIFY THE FOLLOWING INTO REAL,NOMINAL AND PERSONAL- 1.unpaid salaries a/c 2.arvind mills a/c 3.arvind mills shares a/c 4.prepaid rent a/c 5.fire insurance premium a/c 6.life insurance premium a/c 7.petty cash a/c 8.loan given a/c 9.interest received a/c 10.loan received a/c

1592


What is the Accounts Payable & Accounts Receivable ?

2350


can any body help me with a copy of (any month/year) bank reconsilation statement,udai_skumar@yahoo.com

2189