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(Querist)
22 March 2014 entry for transfering amount from one bank to another

transfered 150 amount from sbi to icici ?

it will come under contra or not ?
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CA Punit

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CA Punit (Expert)
22 March 2014 its a contra entry..
any of the following would be contra

Cash to Cash
Cash to Bank
Bank to Cash
Bank to Bank

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