Doubt of Contra voucher help me
MPR Sanjay Kumar (3118 Points)
29 March 2023for an example cash withdrawal normal journal entries is
Cash a/c Dr.
Bank a/c Cr.
But in while entry passing contra voucher
CR.bank
Dr. cash
( which means bank to cash)
so why it is vice versa what is the correct accounting reason of this behind please explain me