Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / k.harish kumar
CONTRA ENTRY MEANS CASH AND BANK BOTH ARE TRANSCATIONS AND
COMPANIES BANK TO BANK TRANSACTION USE ENTRY
FOR EX: 1.CASH DEPOSIT INTO THE BANK
BANK A/C
TO CASH A/C
(BEING CASH DEPOSIT INTO THE BANK)
2.BANK TO BANK TRANSFERS EX:
BANK(7921) A/C
TO BANK (7783) A/C
(BEING CHEQUE AMOUNT TRANSFER FROM BANK (7783 TO 7921))
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
I m entering much more than 500-700 sales vouchers per month. But I m getting a problem while entering sale voucher is that If I have entered a sale voucher in the middle of a date then the voucher no is being changed. So how can enter a sale voucher in the middle of a date so that i can adjust the voucher nos from changing.
What are the difference between Debit Memorandum and Credit Memorandum?
how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry
Can you help me to pass the journal entry for work in progress for a construction company? I would like to know the debit and credit for W.I.P will be under in which accounts head. Eg: debit will be in current asset a/c head, and credit will be under in which a/c in P&L? whether under purchase a/c head, or under direct income a/c head? please give me the details. Thanks for your previous answer?
What is accounting transaction?
sir , i am very confussing enrty for cash receipts in t code fbcj. do the effect on wbs element after selected wbs ?
how to prepare for accontant examinations
What is meant by daily accrual and booking?
How to Automate requirment mapping in QC?
What is tally accounting?
Was there a time when you lost the chance to engage a prospect? What happened and what did you learn?
What is fbt (fringe benefit tax)?
What is meant by calendar maintenance?
sir I heard from some body that he received more money than requested in an ATM.Is it possible, if yes what is the remedy ?
What is the difference between depreciation and amortization?
