Accounting for Credit Card transactions

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Hii everyone,

Can anyone help me with the accounting entry required to be passed for credit card transactions.

Also, how do I account for loan taken on credit card and also the tax implications if any with respect to the same.
Replies (2)

If you are facing issues in credit card transaction then try to contact your bank. The top essay services will help you and tell you the whole criteria of it. I hope you solve your problem soon.

thanks...but I wanted to know how to account for credit cards transactions in my books...the accounting entries to be passed in my books of accounts...the bank won't help me in this...

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