Accounting Entry for credit card payment

Quick Summary
For credit card sales, record Customer Dr to Sales, then Credit Card A/c Dr to Customer. When bank settles, Bank Dr and charges Dr to Credit Card A/c. For expenses via card, debit expense and credit credit card, then settle with bank.

Since it is sales, sales account should be credited and bank account should be debited.

How to tally personal credit card statement in accounting???

 

Thank you for sharing such a well-researched and comprehensive blog post. Your attention to detail and the variety of sources you referenced made the content reliable and trustworthy. To explore more, <a target='_blank' rel='nofollow' href="https://track.skro.in/l1/ITC87977216/FAF7T3" target="_blank">click here</a>.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 29 October 2026
Article Assistant (CA Inter / CMA Inter) - Thrissur

Varma Raja & Associates

Thrissur

CA Inter

View Details
Company
Featured 07 November 2026
Chartered Accountant

DPV & Associates

Chennai

CA

View Details
Company
12 November 2026
Tax Product Specialist

BharatX.ai

Gurgaon

B.Com

View Details
Company
23 October 2026
Sr. Accountant

SANKARAN & KRISHNAN

New Delhi

B.Com

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details