Contra A/C
This query is : Open
01 June 2009
Dear All,
can any one explain me what is contra A/C and what type of transaction is to be passed in this a/c.(answer will be highly appreciated)
thanks
regards,
shabbir
can any one explain me what is contra A/C and what type of transaction is to be passed in this a/c.(answer will be highly appreciated)
thanks
regards,
shabbir
Guest
Guest
(Expert)
02 June 2009
Mr.Shabbir ,
Following are the transactions which are effected through CONTRA VOUCHERS.
IN THE BOOKS OF XYZ.
1. Cash Deposited Into The Bank. ( XYZ-BOOKS )
2. Cash Withdrawn From The Bank. ( XYZ-BOOKS )
3. Amounts Transferred From One Bank To Another. ( XYZ-BOOKS.)
4. Cash From Ond Cashier To Other.( XYZ-BOOKS )
Please note above.
THANKS.
Following are the transactions which are effected through CONTRA VOUCHERS.
IN THE BOOKS OF XYZ.
1. Cash Deposited Into The Bank. ( XYZ-BOOKS )
2. Cash Withdrawn From The Bank. ( XYZ-BOOKS )
3. Amounts Transferred From One Bank To Another. ( XYZ-BOOKS.)
4. Cash From Ond Cashier To Other.( XYZ-BOOKS )
Please note above.
THANKS.
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