Question

what do you understand by countra Entry? give example​

Answer 1

Explanation:

These are transactions that are recorded between cash and bank accounts. For example, a company withdraws cash from the bank account to meet its daily expenses and this entry is recorded as follows: cash Account is debited while the Bank account is credited.

Answer 2

Answer:

Here's your answer

These are transactions that are recorded between cash and bank accounts. For example, a company withdraws cash from the bank account to meet its daily expenses and this entry is recorded as follows: cash Account is debited while the Bank account is credited.

Explanation:

Hope it helps and mark me as brainliest