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Contra entry with example?
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Answer Posted / d. k. gupta
contra entry only for tally software!!!!
when your accounts are effected from cash and bank or BANK
AND BANK THEN YOU USE TO CONTRA ENTRY IN TALLY !!
EX.- CASH WITHDRAWAL FROM BANK? 5000/-
OPEN THE TALLY VOUCHER ENTRY AND PRESS (F4)KEY TO USE CONTRA
Cash A/c Dr. 5000/-
To Bank A/c 5000/-
(Being Cash Withdrawals from Bank)
Ex.2- cheque issue to pnb bank 5000
Pnb bank a/c dr 5000/-
To Bank A/c 5000/-
(Being the cheque issue to PNB Bank)
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