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Contra entry with example?
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Answer Posted / md. alamgir hossain
When you receive any cash from clients to buy share by your
brokerage house. You need to make contra entry in your A/C
system like.
Dr to cash A/C
Cr to clients A/C
One more entry you need do when you deposit cash in bank
Cr to cash A/C
Dr to Bank A/C
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