what do you mean by contra entry? and where it is used?
Answer Posted / ch.ramesh
contra entry is passed in following cases
1)when there is a transaction between two different banks
i.e transfer of funds from one bank to another or,
2)cash withdrawn from bank or,
3)cash dedposited in bank or,
| Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
capital introduced by partners? how it will be shown in tally? (i.e.at the place of Account what we have to post) (at the place of particulars what we have to post) (in which vocher we can post it)
EXPAND___________NPO
Define control account Thanks
I want to know with example of vat & Salestax
Which Exchange determine Foreign Exchange/Currency Rate?
Sales for ABC Company were Rs.150,000 for 2003.The beginning inventory was 30% of the cost of goods sold.The ending inventory was 50% of the beginning invetory.Selling expenses were 10% of sales and absorbed 30% sales.Income taxes were 30% of net income before taxes.
what is CDD’s configuration
to attend interview for real estate company accounts
Hi Iam Arun D. I m short listed for Karnatka bank interview. Can anybody share ur experiences regarding Bank interview of karnatka bank which was held on dec for Officer's post. Please help me I f u can. thanx in advance
What do you mean by Revenue? does it include the Service Tax,VAT etc., by any chance ?
You configured new assets accounting for your company code with three depreciation areas that post in real time. When posting an external acquisition. How many documents are created?( any 1 answer) 2 3 4 6
what is dividend? how do the use an accountancy?
What is the mening of uidnvhe.?
CLASSIFY THE FOLLOWING INTO REAL,NOMINAL AND PERSONAL- 1.unpaid salaries a/c 2.arvind mills a/c 3.arvind mills shares a/c 4.prepaid rent a/c 5.fire insurance premium a/c 6.life insurance premium a/c 7.petty cash a/c 8.loan given a/c 9.interest received a/c 10.loan received a/c
tell me about a time you had to deal with a conflict between a licensed and unlicensed personnel and how handled the situation?