what do you mean by contra entry? and where it is used?
- 34 Answers
- 100284 Views
- Accenture, AXA, L&T, I also Faced
- E-Mail Answers
Answer Posted / asmar
contra entry is an entry in which one entry is created for
canceling the effect of its againest entry with the same
amount.
| Is This Answer Correct ? | 5 Yes | 9 No |
Post New Answer View All Answers
what salary you expect???
What is the definition of LOSS. Give the formula if any.
What is the Formula For Return on Working Capital
What is the working formula for Working Capital Turnover
Received an order from Babu for the supply of goods Rs.200/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
If its is declared by auditor that business is not going concern that what journal entry will be pass?
What do you mean by Green-shoe option?
what is mean by T and E cosept
what are Equity shares,Preference shares,Bonus shares,Bond,Debentures,Dividend?
What was use of tally erp 9? Types of vat?
why should i hire you? what are your outside interest? what was your toughest decision you ever have to make?
About Funding Working Capital to a Company? A company Turn over is 12 Cr, but in the bank statement credits per month is more that 3 Cr? how this could happen? awaiting your views?
Short Answer on ___________Cash Profit
How i pass the share holders capital entry in Tally? How to set this option in Tally?
what is your achievements?
