Contra-entry is the entry which effected the both sides in cash book.
It is occured in three times, i.e.,
1.Cash deposited in to bank,
2.Cash withdrawn from the bank for office use, and
3.Receivable cheque deposited in to the bank in another day.
State Bank of India (SBI) is the largest public sector banks in India. It was the first bank established in India as Bank of Calcutta in 1806 and then Imperial Bank of India and then it became State Bank of India on 1st July 1955. The Headquarters of State Bank of India is in Mumbai, Maharashtra.
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