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Contra Entry
Accountancy
When we withdraw money from our account and deposited same in bank will it be contra entry???
Answers (6)
CA Suraj Lakhotia Admin
Withdrawing from one bank account to another - contra entry
Sir if i withdraw from my HDFC Bank account and deposit in same bank account will it be Contra Entry???
Thread Starter
Prathmesh kharulSir if i withdraw from my HDFC Bank account and deposit in same bank account will it be Contra Entry???
Then there will be two contra entries.. 1. When you withdraw from bank Cash ac To Bank 2. When you deposit to bank Bank ac To Cash ac
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