Interested to Buy Any Domain ? << Click Here >> for more details...
what is the difference between journal voucher and contra
- 3 Answers
- 30025 Views
- Genpact, I also Faced
- E-Mail Answers
Answer Posted / ovenkat4
journal voucher is the voucher in which all the adjustment
related entries and non cash non bank transactions are entered
in journal eg-dep, some of them book the bills in journal and
while they make a payment they record in payment eg-contractor
bill
contra appears two times in two sides of a account an account
will be treated as contra when, cash deposited in bank, cash
with drawn from bank for office use, cheque deposited in bank,
cheque withdrawn for office use, transfer from one account to
another account
| Is This Answer Correct ? | 22 Yes | 4 No |
Post New Answer View All Answers
Can i put opening stock in new company during closing time
What is fair value accounting definition?
Explain me some of the examples for liability accounts?
what is share application money pending allotment?
Do you know in accounting, vat abbreviates what?
cash credit taken from bank then what is the general entry?
how to account branches in tally
What elements of your job do you find most difficult?
WHAT IS THE DIFFERENCE BETWEEN ESTIMATED BALANCE SHEET & PROJECTED BALANCE SHHET
Define push down accounting?
Dear sir/madam, Want to know entry for closing of sundry creditors account on the end of the year when its accounts shows debit balance, Payment made excess. E.g Invoice rcvd : 100000.00 from XYZ company payment Made: 105000.00 Please suggest best entry for the same
Define bills receivable?
What is the rate of penalty charged when the given Vat Cheque dishonoured?
How much mathematics knowledge is necessary or required in accounting?
Write about the media role in daily life
