Interested to Buy Any Domain ? << Click Here >> for more details...
What is contra entry?
- 16 Answers
- 27227 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / jagdish
the transaction from bank to cash and cash to bank is
called contra entry
| Is This Answer Correct ? | 56 Yes | 0 No |
Answer / rabindra kumar mallick
The entry directly inter related to both cash & bank i.e.
Cash deposited & withdrawn from bank, Funds transfered from
one bank to Another bank.
| Is This Answer Correct ? | 23 Yes | 2 No |
Answer / pradnya
Contra entry includes following transactions :
1) Cash to Cash
2) Bank to Bank
3) Cash to Bank
4) Bank to Cash
| Is This Answer Correct ? | 25 Yes | 5 No |
Answer / swetha
this can be seen in three column cash book when the
transaction happen between company cash and bank.
ex:company deposited cash in bank
| Is This Answer Correct ? | 10 Yes | 0 No |
Answer / thakor
contra entry means the entry in which effect came in to
cashbook and in bank only
| Is This Answer Correct ? | 10 Yes | 1 No |
Answer / sarada
As per accounting rules, contra entry is a transaction
indicating transfer of funds from
Cash account to Bank account.
Bank account to Cash account.
One Bank account to another Bank account.
One Cash account to another Cash account.
| Is This Answer Correct ? | 11 Yes | 2 No |
Answer / vinay kumar . pagidikondala
which accounting entry recorded on both sides of the cash
book ( Debit side & Credit side) of the cash book is known
as Contra entry.
Contra entry will come on the picture only when
cash deposited at bank or cash withdrawn from the bank.
pvinay0910@gmail.com
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / varun
contra entry means both side related translation cash to bank bank to cash that is also called contra
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / naresh kumar
contra entry is an entry were it is effected in two sides
of accounts i.e. in bank book as well as cash book. it will
b like cash to bank, bank to cash.
| Is This Answer Correct ? | 0 Yes | 0 No |
HI EVERYONE I WANT TO KNOW, CAN WE ISSUE DEBIT NOTE OR CREDIT NOTE AGAINST STOCK TRANSFER , IF WE ISSUE OR NOT ISSUED THENY WHY PLZ EXPLAIN
Explain have you ever prepared mis reports and what are these?
Hi wht r da questions which are mostly asked in an Accounts related job for freshers?
why accounting is important in business?
if we are purchase on vat tax and sales tax can do tds?
why we transfer wages and salary in trading a/c,and why we transfer salary and wages in p/l a/c?
If I need Finance from the Bank I need to give the CMA Format date, Can somebody help giving me this format ??
sir i want know how to fill vat return
What is an Debenture
Describe the Balance Sheet?
what is general accounting?
3 Answers Cap Gemini, First American Corporation,
You are a senior level manager in a large company: • List and explain the types of accounting information that are important to you and your staff when making decisions. • Explain how your managerial accountant uses technology to develop and communicate this information throughout your large company.
Audit 
