Accountancy, asked by juttsab2521, 3 months ago

contra entry definition​

Answers

Answered by rowdy420
0

Answer:

entamma emchepthiri

enthaina

Answered by Anonymous
7

Answer:

A contra entry is recorded when the debit and credit affect the same parent account and resulting in a net zero effect to the account. These are transactions that are recorded between cash and bank accounts.

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