adspace


Contra entry with example?

Answer Posted / akbhaskar

.- CASH WITHDRAWAL FROM BANK? 5000/-
OPEN THE TALLY VOUCHER ENTRY AND PRESS (F4)KEY TO USE CONTRA

Cash A/c Dr. 5000/-
To Bank A/c 5000/-

(Being Cash Withdrawals from Bank)

Ex.2- cheque issue to pnb bank 5000

Pnb bank a/c dr 5000/-

To Bank A/c 5000/-

(Being the cheque issue to PNB Bank)

Is This Answer Correct ?    161 Yes 32 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

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


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

1977


What is the use of final account?

1927


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


can i get exact salary of clerk in SBI. and i want to know about promotion details .....

2092


What is the Accounts Payable & Accounts Receivable ?

2350


can anybody send me interview question&answer to me in accounts and finance and income tax....my mail.id...jagathis1986@gmail.com

2122


I AM APPLY FOR CLERICAL CADRE IN SBI. SO ANYONE SEND ME QUESTION WITH ANSWERS, WHICH ARE RELATED TO THAT JOB. MY EMAIL ID IS shawetasingh24@gmail.com

2171


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

2585


someone plz plz plzz.. send me the sample papers for SBI clerical xams... i need it very badly..

2601


we want all sbi previous questions papers in our e.mail krishna2043 on yahoo

2220


From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.

4318


1.provide a brief write up on why you consider yourself suitable for the post voting your major achievements? 2. Mention your position in the hierarchy and the levels above and below you ?

1771


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


what is new updates in account

2131