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A double entry for a transaction that offsets one amount against another on both sides ...

A double entry for a transaction that offsets one amount against another on both sides of the cashbook is a
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Original entry
  • B Contra entry
  • C Prime entry
  • D Contract entry
Correct Answer: Option B
Explanation:
contra entry is used to offset amount or same transaction against another on both side of the cashbook

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