Answer Posted / raghuvstar@gmail.com
Contra means 2.
While Transaction happens between
Cash b/w Bank
Cash B/w Cash
Bank b/w Bank
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
What can go wrong if you have a balance sheet with a lot of debt? What can go wrong if there is negative owner's equity? What does a good cash flow statement look like and why?
WHETHER WE CAN BOOK ALL PRELIMINARY EXPENSES, INCLUDING ACCESSORIES RELATED TO PURCHASE OF A NEW VEHICLE TO CAPITAL EXPENDITURE?
how to caluclate tds from emloyees and others
What is a contra entry
WHAT ARE THE DIFFICULT ELEMENT OFF JOB
what TYPE OF INVOICE SHOULD RAISE TO C&F agent ?
Dear Sir I had already export to dubai. now I am to know that can I enter this sale entry in RG1. pls guide me.
HOW WE MAKE A RESERVE AND AFTER ITS USE HOW WE NIL IT PLEASE MAKE A PROPER ENTRY.
In 3 way match.....Order qty is 100 and received 90 and 10 got rejected. But the supplier sent an invoice for 100 qty. what are the steps we need to take in SAP. Whether we need to reject the invoice or process with the 90 qty .please explain with real time.
What are the steps involved in project implementation?
What steps would you take before approving an invoice for payment?
What Is Responsibility Accounting?
Where a cash discount should be recorded in a journal entry?
What is the revenue recognition principle?
how to solve cashbook question
