Accountancy, asked by MANIVELLOGU2770, 1 year ago

Cant we pass journal entry instead of contra for cash deposits?

Answers

Answered by Niti1312

2

It is mandatory to pass contra entry in cash book for any cash or bank transaction. It cant be shown in journal

Previous Question

Next Question

Similar questions

English, 7 months ago

You have been reading in the newspaper about the suicides being committed by teenagers just because he/she did not come up to his/her expectation in exams. You are disturbed at the news and want young people to know that life is very valuable and one should not give up hope only because of our failures . Write an article for your school magazine in about 130-150 words.

Science, 7 months ago

sai 15099 iam pranathi...

Math, 7 months ago

Please answer with diagram...

Computer Science, 1 year ago

Calculator is an example of what type of application software?

Accountancy, 1 year ago

Calculate the present worth of all costs for a newly acquired machine with an initial cost of $38,000, no trade-in value, a life of 14 years, and an annual operating cost of $16,000 for the first 4 years, increasing by 10% per year thereafter. Use an interest rate of 10% per year. the present worth of all costs for a newly acquired machine is determined to be $ .

English, 1 year ago

how did the Djinn know the horse was complaining against the camel?

Biology, 1 year ago

explain the role of plasmid in recombinant dna technology...

Social Sciences, 1 year ago

explain the main characteristics of tropical evergreen forest...