Interested to Buy Any Domain ? << Click Here >> for more details...
what is contra entry . plz explain with example.
- 6 Answers
- 17957 Views
- KOMA, I also Faced
- E-Mail Answers
Answer Posted / naga lakshmi
contra entry means it is both cash&bank transactions.
example:1)cash deposited into bank
2)cash withdrawn from bank
| Is This Answer Correct ? | 47 Yes | 6 No |
Post New Answer View All Answers
under which accounting rule prepaid salary?
What is double-entry accounting? Explain with an example?
journal entries for money received from RBI by the banks IN CASE OF INSUFFICIENCY
Give Any three special cases of computation of capital Gain U/s 45(1A) to 45(6)?
Tell me how much statistics knowledge is necessary or required in accounting?
Contrast bookkeeping and accounting
what is "goodwill" reserve and surplus and reserve with example
whether bills of exchnge can come under the category of reserves and surplus
What is the meaning of scrap value in accounting?
What is rate & taxes in Accounting. when we make a journal entry like rate & taxes debit & party credit. So i want to guide me consider for rate & Taxes.
How to calculate ESI Please define what include in basic salary and what should be excluded from basic salary
what is bond wash transaction ,when we have to use it, and what is the procedure please help me with examle
Can i put opening stock in new company during closing time
How Advances to suppliers for purchase of raw materials is to be considered while calculating Drawing Power
What is meant by public accounting?
