Answer / dhanesh

contra entry means entry affted only in bank & cash

Eg: cash a/c dr
to bank
(being cash withdrawn from bank)


bank a/c dr


to cash


(being cash deposited in to bank )

Answer / nancy

some transactions are recorded in three column cash book
which relates to both cash & bank i.e. balance of one will
decrease and other will increase due to such transactions.
such transactions are entered on both sides of the cash
book . such entries are known as Contra Entry.

Answer / sunil kumar

Some transactions recoded in the books of three column cash book both side like bank &cash
Bank a/c dr
To cash a/c



Cash a/c dr
To bank a/c

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