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P1 C7 Cash Book And Its Types — Account STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceAccountP1 C7 Cash Book And Its Types1 Mark
Question
Mention the types of contra transactions.
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Answer

Generally, contra transactions are of two types: $(1)$ Cash deposited in the bank and $(2)$ Cash withdrawn from the bank.

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