Accountancy, asked by guptamahak835, 6 months ago

# Which of the following will not be
recorded as Contra entry in the Cash
Book?​

Answers

Answered by drijjani50
2

ANSWER

A Contra entry is an entry that affects both the sides of the same account. Usually, transactions affecting the cash and bank at the same time are recorded as a contra entry. It is represented by 'C' in the ledger folio column of the Cash Book. double column and triple column cash books have Cash and Bank A/c both. Thus, both will have contra entries.

Thus, the correct option is D.

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