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Contra entry with example?

Answer Posted / akbhaskar

.- CASH WITHDRAWAL FROM BANK? 5000/-
OPEN THE TALLY VOUCHER ENTRY AND PRESS (F4)KEY TO USE CONTRA

Cash A/c Dr. 5000/-
To Bank A/c 5000/-

(Being Cash Withdrawals from Bank)

Ex.2- cheque issue to pnb bank 5000

Pnb bank a/c dr 5000/-

To Bank A/c 5000/-

(Being the cheque issue to PNB Bank)

Is This Answer Correct ?    161 Yes 32 No



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