I just want to know whether while making contra entries, the entry is required to be made in the other bank account also. Thanks.
1 Replies
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 20 March 2019
Yes... Contra Entries for the transactions as follows
Cash to Bank
Bank to Cash
Bank to Bank
&
Cash to Petty Cash...
Cash to Bank
Bank to Cash
Bank to Bank
&
Cash to Petty Cash...
Recent Topics
- Gold ETF STCG and LTCG
- Property capital gain, Bought in 2002 and sold in
- TDS Implication on Expensing Off Unrecovered Invoi
- Where can i Declare landlord share in GSTR-1
- Change of name on physical share certificates of P
- Workmen compensation insurance policy
- GST Revenue at All-Time High - A Genuine Growth or
- TDS On Purchase of Property by Firm
- Gst missing invoice in return
- Discuss and Download CA Inter Question Paper May 2
Related Threads
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
