What is the meaning of contra entry
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contra entry is one type of accounting entry, which is used
when we make transaction in between bank to bank, and bank
to cash.
| Is This Answer Correct ? | 23 Yes | 2 No |
Answer / laxmikant
Quantra entry means the transaction between bank to bank
and cash to bank.
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / naresh babu
Which accounting entry is recorded on both the debit and credit side of the cash book this is called as contra entry
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