Question

Contra entries are passed only when

Answer 1

Answer:

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Explanation:

Contra-entries are passed only when Double column cash book is prepared. The reason for making two entries is to comply with the principle of double entry.

Answer 2

Solution(By Examveda Team)

Contra-entries are passed only when Double column cash book is prepared. The reason for making two entries is to comply with the principle of double entry.