Contra entry with example?

Answer Posted / anirban barman

When a transaction is effected by both cash as well as bank is called contra entry.

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

My BASIC Salary is 18,000

1263


my qustion is what is H foam and where use

1386


Hi...At present am doing my second year B.Com.I want to do Chartered accountant.Could you send me the details such as when i can start this course,levels of course,proceudre to start( training and prerequirement if any)?And also do let me know is it possible to start from madurai.Note: I wanted to start by regular classes not by distant education. Thanks in avance.

1623


what is book profit

1734


euro currency market

1479






distinguish between price rate and time rate?

1635


Difference between cash and merchantile system?

1832


I WANT ACCOUNT ASSISTANCE INTERWIEV QUETION IN L&T

2068


I have scooter , and its insurance expired for the past 1 yrs and i need to renew it ? how to , explain?

1588


What are Mortgage Payment Problems?

1519


what are the types of provisions that you would make for the end of a financial year?explain

1490


What is mean by Reserve on Consolidation?

27018


i did mba finance in 2010,but i came from life sciences to mba,i know in interview they ask y u came from sciences,so what i tell?pls reply me.

1812


How can i get GR form (GR No.) for Exports ? please give me a link of website with steps ?

2176


what is the meaning of input vat & out put vat?

3534