Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / ajay
Contra entry is journal entry.It will be effect in two books
one is cash book and another one is bank book.Now we will
be take cash deposit in bank and entry will be come like
this
Bank A/c dr ***
to cash A/c ****
(cash deposit in bank)
now here bank balance is increase and cash balances is
dicrease and it is effected in both books.
| Is This Answer Correct ? | 1 Yes | 4 No |
Post New Answer View All Answers
Short Answer on _____________Revenue Budget
Short Answer on ________Accounts Payables
What is contract accounting?
Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance
How and by whom the Percentage of Depreciation is fixing?
euro currency market
What is the definition of LOSS. Give the formula if any.
Who to create a budget on software company
How can a Society be converted to a Private Limited Company in the Real Estate Industry and at the same time have the least tax liability upon it's profits earned during the financial year closing
WHAT IS DIFFERED INCOME TAX AND WHERE IT SHOWS IN BALANCE SHEET?
HOW TO PASTE MORE THAN 8 PO'S (PURCHASE ORDER) IN MM posting?
what do Loan Loss Coverage Ratio mens describe it with examples?
payroll calculation procedure explain completely?
what is account & what is finance
what are the suggestions to control NPA in rural areas?
