what do you mean by contra entry? and where it is used?
Answer Posted / androw
Contra entry is when you paid cash into the bank, or
withdraw cash from bank,also transfer from bank to another
bank that afect both accounts Debit and Credit in the same
amount
Is This Answer Correct ? | 5 Yes | 2 No |
Post New Answer View All Answers
what about case study
can anybody send me interview question&answer to me in accounts and finance and income tax....my mail.id...jagathis1986@gmail.com
During Cutover Activities of New SAP Implementing Company what we have upload for Closed Fiscal year (that means Legasy to SAP ) Balance sheet or Trial Balance , What is the difference of the Both?
What is meant by advance ruling? What is the scheme of advance rulings?
EXPAND___________IMA
outstanding expenses are the expenses that "unpaid"at the end of the accounting period e.g.salaries rent so they all come to under nominal accounts which is debt all expenses and losses and credit all gains since they are unpaid hence they must be credited
Distinguish between sale and consignment
What is invoice accounting rules?
Hi, If I am placing the order in amazon on behalf of the customer who place the order in other e-commerce application in which If I mention the billing address of the customer and goods will be delivered to the customer from amazon ,and other E-commerce site will deduct their commission on the certain % and make the payment to me on some what profit at that time how should maintain my books of account..??
What are the general Ledgers?
What is the use of final account?
hi guys, pls refer me how to preppare for Indian Bank exams.
all of interview question about coop bank of oromia
what is absorbtion coasting?
Expand---------TDCB