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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
As per the Accounting Principles, a Contra entry is a transaction involving transfer of cash between one Cash A/c to another (e.g. main cash to petty cash )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
business account
Indirect transfer as a method of money transfer is made from one bank account to another bank account. This is a cash transfer made in any cash office.
Wire transfer, bank transfer or credit transfer is a method of electronic funds transfer from one person or entity to another. A wire transfer can be made from one bank account to another bank account or through a transfer of cash at a cash office.
Yes, you can transfer cash to a debit card by depositing money into your bank account linked to the debit card.
No, a wire transfer is not considered cash. It is a method of electronically transferring funds from one bank account to another.
You can transfer cash to your credit card account by using a cash advance feature offered by your credit card issuer. This allows you to withdraw cash from an ATM or bank and deposit it into your credit card account. Keep in mind that cash advances usually come with high fees and interest rates, so it's important to consider the costs before proceeding with this option.
debit- cash transfer to the account / credit- owner capital
Investment Cash in Bank
To transfer money from your credit card to your bank account, you can typically do so through a cash advance or a balance transfer. A cash advance allows you to withdraw cash from your credit card at an ATM or bank, which you can then deposit into your bank account. A balance transfer involves moving money from your credit card to your bank account by transferring the balance from one account to the other. Keep in mind that both options may incur fees and interest charges, so it's important to understand the terms and conditions before proceeding.