Accountancy, asked by sona1629, 1 month ago

define contra entry..

Accountancy..​

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Answered by SWATHISRI123
2

Answer:

Explanation:

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.

Answered by Anonymous
6

Answer:

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