Interested to Buy Any Domain ? << Click Here >> for more details...
what is a contra entry how it is passed in journal and
cashbook
- 5 Answers
- 12581 Views
- I also Faced
- E-Mail Answers
Answer Posted / srinivas annavarapu
Contra entry is that where there will not be any effect in
TB.
For ex: Cash of Rs.1000/- deposited in Bank
in this case cash balance is decreased by Rs1000/- and at
the same time Bank balance is increased by Rs.1000/-. As
such there is no difference in your liquid balance.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
What does stand for EPD,MIS? Can anyone tell me briefly n clearly about this?
A sample book on interviews is ready for free circulation with 7 chapters i.e Journal entries helpful for various occassions,Terminology,Abbreviations,Test your terminology,Multiple answers, Fill in blanks and Income tax send your requisition for Free Book Immediately to satyaki_raju@yahoo.co.in
recently release the 6.0 version not succede in the market why?
Expand---------PED
Is depreciation a expense or income?
Expand------------STRA
What is Insider Trading ?
Whether construction of office cum storage comes under CMA under Agriculture or Non Farm Sector
i need sbi bank clerk exam model question papers
What is the Formula For Return on Working Capital
My balance sheet is tallied. But there is a difference of RO 1 in cash flow. How to adjust ?
What are different types of reports made in tally
what are the suggestions to control NPA in rural areas?
company accounts introduction?
With scan-based trading, are retail companies creating inventory at the point of sale or recording income/expense?
