When double entry for transaction appear on both side the cash book is called?

1 answer

Answer

1073145

2026-03-25 20:45

+ Follow

When double entry for both side of cash books appears that type of transaction is called contra entry as in double column cash book entry for receiving or paying cash in bank or from bank requires entry on debit as well as credit side of cash book.

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.