Question

what is contra entry??​

Answer 1

Explanation:

In the dual entry accounting system, a contra entry is anentry 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.

Answer 2

ram ram ...

⏩ Contra entry - it is an entry which is recorded to reverse or offset an entry on the the other side of entry...

hope it helps..

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