Answer / urmi

Contra entry means either cash deposited into bank or withdraw from bank,contra entry has two effects one is debit and other is credit.

Answer / uttam.847

This is transaction between coustmor and bank , it recorded
when cash deposit or withdrawn.

Answer / mudunuri

Contra means transfer of Funds position. Example. cash deposited into bank means Cash was taken from cash source and deposited in bank. It means cash balance will be tallied with cash at office and cash at bank

Answer / vasu

If a transaction requires on on both side (debit,credit)
account then it is called contra entry.

Answer / rupali sawant

When cash deposited in Bank OR cash withdrawn from Bank
thease types of entry make in to conta voucher.

Answer / kuldeep singh

Contra Entry means Bank to cash, Bank to bank transtion.

can any accountant forward format of daily or monthly mis format for accounts and finance dept!!

0 Answers  

Why don't calculate the depreciation on Land & Devlopment.? Explain.

5 Answers  

I purchased a Car & paid 10,000/- Rs. Cash & 50000/- Rs. By Loan. What will be the Entry ??

7 Answers   Focus,

Explain what is bank reconciliation?

0 Answers  

Tell me what a deferred asset is and give an example?

0 Answers  

on the basis accounting,acounting is divided in to how many classes and what are they?

0 Answers  

Please explain ASAP?

5 Answers  

what is the difference between debtors & bills recievable?

2 Answers  

What is journal entry for salary paid less deductions (e.g. fines for breaking a company's property)?

0 Answers   Faber Castell,

Name three (3) fixed-income security types

2 Answers  

what is cash to cash transaction in tally while entering contra voucher

1 Answers  

what is defference between flat rate and reducing rate, and which is more affortable for borrower?

1 Answers