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What is the opposite of admit?
The opposite of admit (concede) is to deny. The opposite of admit (allow entry) is to refuse.
What is opposite of admit?
The opposite of admit (allow entry) is to bar, refuse, reject, or exclude. The opposite of admit (confirm) could be deny, demur, disclaim, or disavow.
What is contra entry systam?
an entry made in the opposite side of an account to offset an earlier entry, for example, a debit against a credit
What is the definition of contra entry with an example?
Contra refers 'Opposite'. In double entry system when bank and cash transcations are occured with each as cash deposit/withdrawn.
Differentiate single-entry bookkeeping from double-entry bookkeeping?
The primary bookkeeping record in single-entry bookkeeping is the cash book, which is similar to a cheque account register but deals with the income and expenses to various income and expense accounts. Double-entry bookkeeping is a system in which every entry to an account requires a corresponding and opposite entry to a different account.
What is contra entry?
an entry made in the opposite side of an account to offset an earlier entry, for example, a debit against a credit
Is chaotic an opposite word for admitted?
No. A good opposite for 'chaotic' would be 'ordered' or maybe 'calm'. 'Admitted' is the opposite of 'denied', although if the context is about letting someone in (eg "No late admittance" or "She was admitted on compassionate grounds"), then probably 'refused entry' is better.
What does dda gl credit mean?
DDA=Demand Deposit Account....(ex, checking account, savings account, etc) GL=General Ledger.... Credit=Positive Entry, Entry going -in-, opposite of debit....
What is error of original entry and it example?
It means that the entries are posted to the opposite side in each account, and maybe the figures are also wrongly posted.
What is greenfield venture strategy?
A greenfield strategy is to enter into a new market without the help of another business who is already there. An acquisition is the opposite of a greenfield entry.
Is Bank Reconciliation is a part of double entry system?
Double-entry bookkeeping, in accounting, is a system of bookkeeping so named because every entry to an account requires a corresponding and opposite entry to a different account. For instance, recording earnings of $100 would require making two entries: a debit entry of $100 to an account called "Cash" and a credit entry to an account called "Income."
Does a reversing entry reverse an adjusting entry or a transaction entry?
Reversing entry can be make to reverse any entry whether it is actual transaction entry or any adjusting entry.
