define contra entry?

Answer Posted / suresh

ENTRY WHICH IS RECORED IN CASH BOOK AND PASSBOOK IS CALLED
CONTRA ENTRY.

Is This Answer Correct ?    5 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Do you have any professional experience in this field?

632


Does the accounting system appear to facilitate one specialty from financial, auditing, or cost managerial or tax accounting over the others?

625


What are assets minus liabilities?

619


EXPLAIN EACH SECTION PROVISIONS ON TDS?

1405


credit card all entry pass in tally

1034






What are the probable interviwe questions in SBI clerical interview ? I am having my interview on 30th april.

1758


in trading credit why does goods sent on consignment come?

1485


IS THERE ANY DIFFERENCE BETWEEN PAID UP CAPITAL AND PAID IN CAPITAL?

1665


can any accountant forward format of daily or monthly mis format for accounts and finance dept!!

1425


why only 6 months interest is charged on drawings

1721


what is revenue recognition rule, and can you specify the answer.

1302


pass journal entries of the following transaction in the books of AG sindh, AGPR,FTO and SBP: 1)DDo sindh house submitted a bill for purchase of furniture to AGPR islamabad for Rs.200000 on 20th March 09; 2)AGPR issued cheque on 2nd april which was cleared by SBP on 5th April; 3)On 26th may, voucher were exchanged in the clearing house; 4)On 28th May, AG sindh issued advise to settlement to SBP karachi; 5)On 5th june,SBP HQ karachi sends a copy of clearnce memo along with bank statement to AG sindh and AGPR for settlement made on 31st May.

2468


what are the different methods of teaching share and debenture to pre degree students

1438


Hello friends, I want to sk that Is computer proficiency certificate necessary at the time of SBI clerk Interview?and all other guys who have cleared the nov 2009 exam and have got the bio data form please give replies,,, waiting for replies ,thank you.

1707


how to assign the cost center to GL Account in SAP (FICO)

2299