Accountancy, asked by abiramiragu, 1 year ago

explain the word ' contra '​

Answers

Answered by Ateekansari
3

Answer:

contra- word-forming element meaning "against, in opposition," from Latin adverb and preposition contra (see contra). The Latin word was used as a prefix in Late Latin. In French, it became contre- and passed into English as counter

Answered by ishaa24
0

hi frnd

In the dual entry accounting system, a contra entry is an entry which is recorded to reverse or offset an entry on the other side of an account. If a debit entry is recorded in an account, it will be recorded on the credit side and vice-versa.

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