How is Contra Entry denoted in the book?
All the contra entries are denoted by the letter C in the L.F column on both sides of the cash book. These days a majority of the business uses accounting software to make the work simpler and accurate.
All the contra entries are denoted by the letter C in the L.F column on both sides of the cash book. These days a majority of the business uses accounting software to make the work simpler and accurate.
