Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is Contra entry

Answer Posted / abdullah amer

contra entry is the transaction which is recorded on the
both side of triple column cash book that is cash and bank
columns on the opposite sides.in other words the double
entry aspect of the transction is completed in the cash
book itself

Is This Answer Correct ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

WHICH QUESTIONS ASKED IN EPFO IN 2009.

1905


WHAT IS CORE ACCOUNTING, GROUP CONSOLIDATION ? CONSOLIDATED ENTRY. COULD YOU GIVE ME AN EXAMPLE

13955


Do you think accounting standards are mandatory and why?

1160


lic (life insurance corporation)how much he or she as to deduct income tax on his gross annual salary. please give with examples

2028


Dear sir, In tally what is list of cost centres? and what is the list of cost categories?

1913


Particulars Dr Cr Capital 10,000 Machinery 3000 debit 2500 1400 sales - 14,500 drawings 900 purchase 9500 wages 5000 bank 1500 Opening balance 2000 rent 450 salary 200 carriage 150 total ___________ _________ 25,900 25,900 ____________ ________ how to find closing stock as on 31st dec,1998. wages outstanding 200/- sunnery expenses outstanding 100/- rent prepaid 100/-

1900


calculations of pf

3839


Explain me what is assets minus liabilities?

1030


give me examples of the accounting reports you have prepared

1233


in insolvency we have to prepare deficiency account but why we do not prepare this account as per general principle i.e Dr Cr To By etc , and deficiency account is which account?

5068


where to show Preliminary expenses except "Statement of changes in working capital" in Fund flow statement?

4182


what is dmat charges?

1956


WHAT IS ACCOUNTING HEAD FOR TRADE FINANCE? I HAVE PAID 49268 FOR TRADE FINANCE.WHERE SHOULD I TAKE IN TALLY

2062


What will be a entry for TDS deducted on Salaries, Directors Remuneration and Rent.

35171


using examples, examine the relevance of the following as final accouting adjustments; 1.reserves 2.provisions 3.disposal of assets 4.control accounts

1893