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Which of the following is a transaction of contra entry?

Question:

Which of the following is a transaction of contra entry?

A.

Sale goods to Y 12,500

B.

Godown rent 7,000 paid by cheque.

C.

Received 12,000 in full settlement of 12,500

D.

Cash deposited to bank 9,000.

Answer» d. Cash deposited to bank 9,000.

Note: The above multiple-choice question is for all general and Competitive Exams in India