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...!!!")
(128091 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...
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