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

Answer Posted / 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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