Question

contra entry passed in only when

Answer 1

1. Cash deposited into Bank

2. Cash withdraw from Bank

Answer 2

Contra entry is passed in cash book only on two occasions..

1) When Cash is deposited into the bank

2)When Cash is drawn from bank for office use

=> Contra entry for the first one above is

"To Cash" in the debit side. .. Amount in the bank column

"By Bank" .... Amount in the cash column.

=> Contra entry for the second one above is.

"To Bank " in the debit side.... Amount in the cash column.
"By Cash " in the credit side.. Amount in the Bank column.