payments through credit card
This query is : Open
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
Exp. Dr.
To Cr. Card.
At the time of payment of Credit Card Dues:-
Cr. Card. Dr. (O/S amount)
To Bank
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Sale of goods to the purchasing party
- OLD REGIM AND NEW REGIM
- IS AUDIT MANDATORY IF COMMISSION INCOME IS MORE THAN 50 LAKH
- HOUSING LOAN ISSUE
- Format of Physical Letters submitted at ASK ( Aayakar Sampark Kendra)
- RELATED TO TRIBUNAL APPEAL
- TODAY INCOME TAX SITE IS NOT WORKING ANY OFFICIAL EXTENSION
- RATE AND HSN CODE
- Carriage Road Act, 2007 read with Carriage by Road Rules, 2011
- Portuguese Civil Code IT Return
- ITR 4 and Bank transactions
- ADDITION OF CHALLAN IN TDS RETURN FORM 140
- TDS AND ITR ISSUE
- Buy back of shares u/s69
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
