Contra entries are entered only when?

A. Single column cash book is prepared
B. Double column cash book is prepared
C. Three column cash book is prepared
D. None of these

Brief facts about this MCQs:

Contra entries are entered only when a double column cash book is prepared. It is because there are more than two entries on the debit or credit side. Therefore, a double-column cash book is prepared.
Also Read: cash book is a part of the bookkeeping.

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