Contra entry with example?
Answer Posted / yoonus khan
if cash withdraw from bank for Rs. 2000
in bank books
cash A/c Dr 2000/-
TO Bank A/c 2000/-
if Cash Deposit in bank for Rs. 5000/-
in bank books
Bank A/c Dr 5000/-
To Cash A/c 500/-
| Is This Answer Correct ? | 4 Yes | 1 No |
Post New Answer View All Answers
Received an order from Babu for the supply of goods Rs.200/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
how there face in lvbank interview
deffered tax treatment in financial statements
Explain howyou would account for the following items/situations,justifying answers by reference to the conceptual frameworks defintion and rcognition criteria. a)A trinket of sentimental value only b)You are the guarantor for your friends bank loan i) You have no reason to belive that your friend will default on the loan ii) As your friend is in serious financial dificulties,you think it is likely that he will default on the loan c)You receive 1000 shares in X Ltd,trading at $4 each,as a gift from a grateful client. d)The panoramic view of the coast from your cafes windows,which you are convinced attracts customers to your cafe
Iam selected for final round of interview in IDBI bank for asst. manager post. Can any one help me in knowing what kind of questions will be asked in the interview and how should i prepair?
Feature of Master letter of credit of Garments manufacturing company?
Short Answer on _________Commerce
What is Mean By FRS for HQ reporting, How To Prepare?
What part can management policy play in the analysis of cost behaviour?
Meaning of portfolio management?
which kind of expenses or Income will come under direct expenses or Income ?
How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?
HOW I CAN PREPARE A BALANCE SHEET OF A COMPANY ?
Tell me the steps for Import and Export Thanks
Why it is necessary to use SAP in an industry? & What is the difference from other advance accounts software like Tally ERP 9? What is the importance of using GAAP for best management decission or why GAAP using by Top Management?