Bank a/c....Dr.
To Debtor's A/c
Is this journal entry a contra entry?

Answers were Sorted based on User's Feedback



Bank a/c....Dr. To Debtor's A/c Is this journal entry a contra entry?..

Answer / veena

No this is not a contra entry this is a receipt entry
In contra we have to enter only the transaction between owner and the bank for example
withdraw from the bank, deposit to bank to his account
but debtor's is a third party to bank

Is This Answer Correct ?    11 Yes 3 No

Bank a/c....Dr. To Debtor's A/c Is this journal entry a contra entry?..

Answer / raghu.v

Its not Contra entry.


Contra means "Two"

When transaction happens betweeen


Bank to Cash
Bank to Bank

Is This Answer Correct ?    3 Yes 0 No

Bank a/c....Dr. To Debtor's A/c Is this journal entry a contra entry?..

Answer / raghu.v

No it is not contra entry.it is receipt entry.

Is This Answer Correct ?    3 Yes 1 No

Bank a/c....Dr. To Debtor's A/c Is this journal entry a contra entry?..

Answer / murali

it is not a contra entry it is receipt of cash for previous credit sales now receiving

Is This Answer Correct ?    2 Yes 0 No

Bank a/c....Dr. To Debtor's A/c Is this journal entry a contra entry?..

Answer / md salamuudin

yes it is contra entry

Is This Answer Correct ?    0 Yes 7 No

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