what do you mean by contra entry? and where it is used?
Answer Posted / asmar
contra entry is an entry in which one entry is created for
canceling the effect of its againest entry with the same
amount.
| Is This Answer Correct ? | 5 Yes | 9 No |
Post New Answer View All Answers
SOUTH ATLANTIC OIL AND GAS INC.is a fraud company
Expand-------NBTA
what is the use of accounting standards
EXPAND_________SEAMEC
In OD Account How Many Interest Paid or Not? and second CC Account How Many Interest Paid or Not?
I have complited my ERP course in FICO module. Now I want to work in ERP package. Please suggest me how I will apply for the organisation works in ERP environment.
What is Accommodation Bill
You have joined company yesterday then you are Appling B1 visa today. why so urgent.
how to entery pass in tally when items damage(items insured)and claim to insurance co.
The Closing stock balance on the cr side of Tarding Proft and Loss A/c due to this our revenue so when we isued the material or used in production then whats happen with closing stock(I think Closing Stock will dr after Isuabce/use materil in Production)if its correct tell me
While selling fertilisers can we charge VAT on excise duty.
You placed an Order for some books but it was not delivered on time or the books were damaged, so are write Complaint Letter to the Shopkeeper about it.
What is Summarising
Expand-------SNAT
Suresh agreed to adjust Ramesh due amount of Rs 15000- from his credit balance