Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is Contra entry?

Answer Posted / g.vassudevan acharya

Reverse entry of Cash or Bank is Called Contra Entry.
For Example.
Journals:-
1.Withdrawl Cash from Bank.

2.Cash deposited to Bank.

Above 2 entris are Contra entries.

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

income from depreciated asset is profit or loss?

1415


wht can u do for the growth of bhel?

1946


I've just started to work as an accounts executive and intending to take up SAP. Can anyone tell me what are the preparations required for me as an accountant to be a successful SAP consultant.

2103


Meaning of portfolio management?

2015


Can anyone plz. tell me where can i get the proforma application for DAO.I have tried all the links but i couldn't find any application proforma in the notifications.

1839


What is difference between cash flow and funds flow?

2236


What is Financial planning?

1999


what tax will be on puchasing of sweets and is necessery to use form 38.

2334


how many types of financial teribuanal? what is that?

1906


hello,dear any body give me mis report format. my email :kumar_ranjeet121@yahoo.in

1978


Expand-------URM

1913


Expand DPCO

2076


EXPAND___________NPO

1836


What is the working formula for Inventory turnover

1970


what is cost audit?

2041