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what is mean by contra entry
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Answer / ravi.harjai2009@gmail.com
when the a person send the cash from cash account to bank
account or vice-versa then the contra entry has been passed.
| Is This Answer Correct ? | 15 Yes | 0 No |
Answer / kailashshakya
when a person cash transaction in bank account (cash
withdraw or deposit) then the contra entry passed
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / maggi
This is a transfer of monies between accounts or when a customer is also a supplier
| Is This Answer Correct ? | 0 Yes | 6 No |
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Explain compound journal entry.
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