Deepak Gupta (CA Student) 29 January 2021
|Originally posted by : CA sanjay Kumar|
|sir what is mean by contra entry in tally.|
Transactions involving cash and bank accounts, like, cash withdrawn from bank, cash deposited in bank, balance transferred from one bank to another of same entity etc.
Though a beginner can have this doubt, but as you're using CA as a prefix to your name, it makes me a little doubtful about it. If you're yet to be one and just starting, please don't use it yet.
MPR sanjay Kumar (CA student) 29 January 2021