Answer:
A contra entry is recorded when the debit and credit affect the same parent account and resulting in a net zero effect to the account.
When cash is paid into the bank, the amount deposited is written on the left side in the bank column and at the same time, the same amount is entered on the right side in the cash column. The reverse entries are recorded when cash is withdrawn from the bank for use in the office.
PLEASE MARK IT AS BRAINLIEST AND FOLLOW ME.