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متابعة

What is contra entry?

Contra entry is passed common entry for Cash Withdrawal and Receipts from Bank and for Internal bank Transfer.Its is common entry of both bank and Cash book

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تم إضافة السؤال من قبل Vrushali Dixit Dixit , Accountant , Mazda Agro Agency
تاريخ النشر: 2017/09/10
ivor kivuyo
من قبل ivor kivuyo , HR Officer

Is a transaction involving transfer of cash between one cash A/c to another  cash a/c or  bank a/c to bank a/c

Abdullah Khaan Mohammad
من قبل Abdullah Khaan Mohammad , Assistant Accounts Manager , Texture Group

Contra Entries Reflect in both Bank cash Books at the same time for deposit and withdrawal of Cash 

mochamad imron
من قبل mochamad imron , Sr. Database , TechMahindra

Contra entries are those entries in which same account can be debited and credited in contrary situation

Iqra Zahid
من قبل Iqra Zahid , Software Quality Assurance Engineer , Digitify Pakistan Limited

Transfer of cash between one cash A/c to another or one cash A/c to another bank A/c.

Sethumadhavan krishnan
من قبل Sethumadhavan krishnan , Personnel Affairs Supervisor , Saudi Catering & Contracting

related between bank and cash records

Tehmeena Asif
من قبل Tehmeena Asif , Librarian , School of Modern Skills (American School)

Contra entries are related with the transaction between the cash and bank account.

Cyrus Aya
من قبل Cyrus Aya , Data Processor (Send-Out Staff) , Unilabs Middle East LLC

Contra entry is an adjustment entry between banker and customer.

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