How to maintain credit card statement

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Hellow sir. my self pradeep singh
I am Accountant A service Provider Business firm
i am facing A problem related Credit card
I am not understand credit card statement how to record credit card bill EMI and intrest & charges
Replies (2)
Create e.g HDFC credit card as sundry creditors and pass all transactions as journal entries into respective account. and all payments to credit card dues as payment voucher
Simple and best solution


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