answersLogoWhite

0


Best Answer

A Contra voucher entry is a transaction involving transfer of cash between one Cash A/c to another or one Cash A/c to another Bank A/c i.e., is a transaction indicating transfer of funds from:

  • Cash account to Cash account
  • Cash account to Bank account
  • Bank account to Cash account
  • Bank account to Bank account
User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is contra voucher in accounting?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is contra voucher?

Contra voucher is use to cash or bank entries. where dr or cr is cash or bank.


How can you entry in tally if cash deposit in bank?

If it is contra entry :Go to ACCOUNTING VOUCHER in tally 9 , after that mouse left click on CONTRA box on your left side or press F4, and then select BANK under Accounts , and select CASH under PERTICULARS.


Which voucher is called non-accounting voucher in tally?

stock journal vourcher is non accounting voucher in tally because this using transfer the stock items.


What is voucher system of accounting?

Voucher system is used for the payment of bills properly, is called voucher system.


Types of voucher?

classification of voucher supporting voucher accounting voucher internal voucher external voucher cash voucher non-cash voucher debit voucher credit voucher (cash payment) (cash receipts)


Why to use ascending voucher numbers in accounting?

DOS


What is a memorandum account?

This is a non-accounting voucher and the entries made using memo voucher will not affect your accounts.


How do you enter capital received in tally are voucher?

Gateway of Tally>Accounting Voucher Press F7 for journal Voucher Cash A/c................Dr. To Capital A/c


How can you search voucher number in tally accounting software?

From Day book set date from to as whole year. After that press Ctrl+F12 and then : Voucher -> having -> Voucher Number -> equal to -> "Particular Voucher Number" - End of List


You what to tally 7.2 shortcut key?

i want to one side and other side tally transfer youse in email


Which type of voucher entry can be done by suing f4 button?

Contra - Cash withdrawal from Bank or Cash deposited to Bank


What are the basic concept are accounting?

Major aspect of accounting in any business organization is financial accounting and inventory accounting. While the financial accounting deals with the monetary aspects the inventory accounting deals with the quantitative aspects of the goods and services of the business organization. Important financial accounting aspects are payment voucher, journal voucher, cashbook, general ledger, bank reconciliation and trial balance. Important inventory accounting aspects are opening balance, purchases, sales and closing balance.