Answer Posted / raghavendra kiran
Contra Entry is an entry passed when debit and credit
relating to cash/bank transaction.
Ex:- When cash deposited in bank
Bank A/C
to Cash A/c
in this entry debit & credits are relating to bank & cash
| Is This Answer Correct ? | 10 Yes | 0 No |
Post New Answer View All Answers
Explain me scrap value in accounting?
what is lease accounting?? please explain me....
What information do you require before you approve an invoice for payment?
What is an over accrual?
Define tally accounting
Please give me a suggession to calculate the T.D.S,E.S.I,P.F, From salary which is in gross Rs. 15000/.
Explain me the difference between public and private accounting?
A company primarily operating from own land, takes on rent building for staff quarters. Whether rent paid on such staff quarters qualifies as capital investment?
we had company we provide work others they deducted tds how to pass entries in my company please tell me
all ques. related to accounts?
Tell us how can you define departmental accounting?
Tell me what is trial balance in accounting?
how to calculate forefeiture of share when over subcription
Which accounting applications are your familiar with?
Define social responsibility accounting