# Cash account to Bank account # Bank account to Cash account # Bank account to Bank account
Examples of Contra Accounts are Accumulated Depreciation and Provision for Doubtful Debts
Contra assets are asset accounts with creditbalances. (A credit balance in an asset account is contrary-or contra-to an asset account's usual debit balance.) Examples of contra asset accounts include: * Allowance for Doubtful Accounts * Accumulated Depreciation-Land Improvements * Accumulated Depreciation-Buildings * Accumulated Depreciation-Equipment * Accumulated Depletion * Etc. source: http://www.accountingcoach.com/online-accounting-course/05Xpg01.html -- amir
No, it is not a contra asset account. By definition, a contra asset account is an account which typically carries a credit balance and is used to accumulate amounts that are reductions of assets. Two common contra asset accounts are Allowance for Uncollectible Accounts Receivable and Accumulated Depreciation. If the delivery equipment is owned by your company then it should be considered an asset.
a debit and credit
Vouchers can have varying features, depending on how secure they are. Secure Vouchers, who supply gift voucher printing have a list on their website that details different features that may be present on a gift voucher. In summary, these features include: Design, Paper Stock, Holograms, UV Ink, Heat reactive ink, Numbering and Terms & Conditions.
Contra voucher is use to cash or bank entries. where dr or cr is cash or bank.
Receipt voucher - F6 Contra voucher - F4 Payment voucher - F5 Purchase voucher - F6 Journal voucher - F7 Sales voucher - F8
All cash and bank inter-related transaction records in Contra Voucher Short Cut Function key
Examples of Contra Accounts are Accumulated Depreciation and Provision for Doubtful Debts
is accumulated depreciation a contra account
contradict
Bad Debts
Contra - Cash withdrawal from Bank or Cash deposited to Bank
F1 - Select Company. F2 - To Change Date F3 - To Select the company F4 - Contra Entry F5 - Payment Voucher F6 - Receipt. F7 - Journal F8 - Sales Voucher F9 - Purchase Voucher Manasi
Accumulated deprciation
The best thing you can do is call and find out. They may or may not have online capabilities for this.
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 accountCash account to Bank accountBank account to Cash accountBank account to Bank account