Contra

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 April 2013 Dear sir,

pls tell, what is the real meaning of Contra entry and what's purpose of this entry ?

26 April 2013 Contra entry is transaction entry which is carried out where actual outflow or inflow of money do not take place but it just changed its form like cash - Bank , Bank - another Bank etc..



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