Journal entry for card and online transaction

In case of cash transactions

Cash A/c   Dr. 3725

Discount A/c. Dr. 500

          To Sales A/c 4000

          To Tax payable 125

           To other expense. 100

In case of card and online transaction, Cash A/c is replaced by Bank A/c and rest everything remains same.

Hi,

Thanks for your reply!!

What about if the transaction is credit. Say party named Raj & Co.

Thanks in adnvance

Instead of cash A/c , Raj and co. A/c will be there and rest everything remains same