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Contra entry means

AOpposite entries

BMaking entries of the debit and credit of a transaction in two accounts

CMaking entries of the debit and credit of a transaction in two sides of the same book

DAll these

Answer:

C. Making entries of the debit and credit of a transaction in two sides of the same book


Related Questions:

Credit note is prepared by :
A journal entry with more than one debit or more than one credit or with both is :
Example for Contigent Liability is :
The principles of liquidity, safety and profitability are related to :
An entry which contain more than one debit and one credit item is called _________