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Contra entry with example?
Answer Posted / inderjeet
even cash withdrawal from bank or cash deposit in bank
will always contra entry
example deposit cash into bank 10000/-
entry:
bank dr.10000/-
cash cr.10000/-
its contra entry.
withdrawal from bank 10000/-
cash dr.10000/-
bank cr.10000/-
also contra entry
| Is This Answer Correct ? | 7 Yes | 0 No |
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