Accountancy, asked by FaiXu9987, 1 year ago

What is contra entry? How can you deal this entry while preparing double column cash book?

Answers

Answered by sambathbhavyaa

6

Contra Entry deals with Bank transactions:

1. Cash deposited into Bank

2. Cash withdraw from Bank

In double column Cash Book:

In cash column want to write Bank details, and

In Bank column want to write Cash details

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