# 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
a prepaid voucher is a debt of the company you got it from, but has no physical wealth unless redeemed at that business
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 Contra Fund is another type of Equity Mutual fund that has a contrarian view to investment which is supposed to be the opposite of the view that regular MF's take. Theoretically speaking, a contra fund is one that invests in stocks that are out of favour with investors and are being sold/avoided by them but have the potential to grow in the long term. A regular MF manager will avoid such stocks while the fund manager of a contra fund will go in search of such stocks
Contra voucher is use to cash or bank entries. where dr or cr is cash or bank.
Examples of Contra Accounts are Accumulated Depreciation and Provision for Doubtful Debts
is accumulated depreciation a contra account
i want to one side and other side tally transfer youse in email
Contra - Cash withdrawal from Bank or Cash deposited to Bank
Bad Debts
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
Accumulated deprciation
an entry made in the opposite side of an account to offset an earlier entry, for example, a debit against a credit
Accumulated Depreciation
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.