What is a contra entry
- 5 Answers
- 8017 Views
- Genpact, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Contra entry is one which is recorded in the both side of
the Three column cash book by indicating capital 'C'in L.F
column. It is recorded only when on of the below entry is
happend. Such as
1. When cash deposited in to bank.
2. When cash withdrawl form bank.
| Is This Answer Correct ? | 26 Yes | 0 No |
Answer / n.upendra
Which accounting entry is recorded both sides (Debit and
Credit)of cash book that is called as contra entry i.e
1.Cash deposit in bank
2.Cash with draw from bank
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / ghanshyam roy
contra entry for only self co. transaction for cash and
bank. i.e
1. cash withadral from bank
2. cash deposit in the bank
3 transfer from one bank a/c to another banka/c
| Is This Answer Correct ? | 6 Yes | 2 No |
Answer / rajesh jain
There are four type entry will be done..
1> B2B (Bank to Bank Transaction)
2> B2C (Bank to Cash " )
3> C2B (Cash to Cash " )
4> C2C (Cash to Cash " ){petty cash)
| Is This Answer Correct ? | 1 Yes | 0 No |
what is forex management?
what is basic general accounting.
0 Answers Genpact, Helios Pharmaceuticals,
sir , i am very confussing enrty for cash receipts in t code fbcj. do the effect on wbs element after selected wbs ?
one bank account transaction example ebanking raj medical 500000 dr. second bank account ebanking raj medical 500000 cr what is the entry in tally erp can it is contra contry or not please explain
What entry to be passed for Duty draw back as receivable
What is the difference betwween letter of credit and contract of gaurantee.........in what situations these will issued by whom?
note for sundry debotrs and sundry creditors
A=27, B=63 What is d % Difference between 2?
reserve for doubtful debts is wich type of account?
WHAT IS SHARE OPTION OUTSTANDING ACCOUNT??
1 Answers National Institute of Food Technology Entrepreneurship and Management NIFTEM,
Explain me your current/former role, your responsibilities, and how success is/was measured?
What is capital?
Audit 
