Why ‘C’ is written in the L.E No. column for contra transaction ? – InterviewSolution

1.	Why ‘C’ is written in the L.E No. column for contra transaction ?
Answer» When contra transaction is recorded in the cash book, word ‘C’ (Contra) is written in the L.E No. column of cash book on the both the side, which indicates that positing of this transaction is not to be done.

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