Easy Office
LCI Learning

payments through credit card


06 December 2016 what will be the journal entry for payment through credit cards and under what head credit card account will come.

06 December 2016 U can create the Credit card ledger under current liabilities. For payment via credit card u may post the entry like this:-

Exp. Dr.
To Cr. Card.

At the time of payment of Credit Card Dues:-

Cr. Card. Dr. (O/S amount)
To Bank

06 December 2016 Great sir.Thanx a lot.






You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries