Credit card entry on behalf of friend
This query is : Resolved
Quick Summary
07 September 2023
I paid Rs. 15000/- through my credit card on behalf of my friend.Also I will get cashback of Rs. 2000/- for the transaction.
what journal entries will be passed in Tally prime to record the transactions.
Pl. help me out
what journal entries will be passed in Tally prime to record the transactions.
Pl. help me out
20 January 2024
XYZ - Dr. 15000
Credit card - Cr. 15000
Credit card - Dr. 2000
Cashback and Discounts - Cr. 2000
Credit card - Cr. 15000
Credit card - Dr. 2000
Cashback and Discounts - Cr. 2000
20 January 2024
@Mr Asha kanta Sharma Sir, This is paid behalf of friend... So, reply also how it's possible through said entries.
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