what do you mean by contra entry? and where it is used?
- 34 Answers
- 100283 Views
- Accenture, AXA, L&T, I also Faced
- E-Mail Answers
Answer Posted / madhvi
contra entry is one which is recorded in cash book and from
where posting to ledger accounts is not done. It is a
opposite entry which is recorded in both sides of cash book
itself
| Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
EXPAND_________SEC
What is Provision for expenses?
total capital stock
What is T+2 rolli g settlement cycle?
How shall I calculate the true profit of my business, as I am a layman for accounting.
what is payment method?How many payment method we can assign to company code.
what is Sums on Finalization of Accounts?
With scan-based trading, are retail companies creating inventory at the point of sale or recording income/expense?
Zee Ltd. uses material—A for the production of Product M. The safety stock of material A is 300 units; the supplier quotes a delivery delay of two or three weeks. If the company uses 500 to 800 units a week according to the activity levels, the re–order level of material–A will be A. 2300 units; B. 2400 units; C. 2700 units; D. 28 units.
Expand RMP
HOW TO MAINTAIN BANK A/C
Three steps for correction in BRS?
i want to sit for the written examination held by govt. sector like coal india, ongc for the post of accountant .. qualification ca inter.. plz any1 of u let me know on wht subjects the questions are asked and wht types of questions are asked... plz let me know.. plz
joint venture?
Distinguish value andPrice
