what is contra entry . plz explain with example.
Answer Posted / gourab mistri
BANK TO BANK
CASH TO CASH
BANK TO CASH
CASH TO BANK
| Is This Answer Correct ? | 8 Yes | 10 No |
Post New Answer View All Answers
our cheque to Arshad Khan was dishonored?
Debit Card Come Under Which group in Tally 9?
How much statistics knowledge is necessary or required in accounting?
Under what type of account do the unearned revenues fall?
In the balance sheet, where do you show tds?
What is Capital Commitments means?
Difference between depreciation according to cost principle and matching principle
Tell me do you have any idea about service tax or excise?
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?
what is bond wash transaction ,when we have to use it, and what is the procedure please help me with examle
My question is on Opening & Closing Stock Suppose Closing stock of 2014-15 is Rs 30 lakhs & Also we filed return & ROC too for 2014-15. Opening stock for 2015-16 should be Rs 30 lakhs but we found that some purchase for feb & March 2015 Stock has been entered in tally Its taken directly to purchase split of stock not made & in sales to same of 2 lakhs no split of stock is shown. Those stock need to make changes in 2015-16 what was the process ? And what will be adjustment entry ?
examole of cash to cash contra entry
Tell us what do you believe should be an important quality of an account executive?
What is an ea in accounting?
Pl's confirm me this entry how to pass in Tally 9.0 & Tally ERP.9 that if I purchase 20 mobile,30 phone,20 LCD,15 laptop from mangesh @ Rs.7000,Rs.200,Rs.17000 and Rs.14000 respectively on each. But I purchase by cash and 15 days later I sold half of the thing to priya margin of Rs.100 on each by cheque and rest i sold to minal on cash margin of Rs.200 on each. But I received cash 1 month later. so calculate how much profit I got by selling the products.