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MPR sanjay Kumar (CA student)     29 January 2021

Tally entries doubt

sir what is mean by contra entry in tally.


 2 Replies

Deepak Gupta

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Transactions involving cash and bank accounts, like, cash withdrawn from bank, cash deposited in bank, balance transferred from one bank to another of same entity etc.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.

1 Like
MPR sanjay Kumar

MPR sanjay Kumar (CA student)     29 January 2021

My dear sir,CA means not chartered accountant which means care and affection of all people's that's why I entered sir...


thanks for your kind reply 😊

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