Partner credit card payment entry in tally

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1 Points Joined September 2018

Our Firm is a partnership firm with three partners.

We have a paid some of our expenses such as Travel expenses and Electricity through one of our partners Credit Card.

We have paid credit card payment of our partner through our business current account.

How should we put an entry in tally .

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On 30 September 2018 at 12:46 Report
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564 Points Joined May 2017
PARTNER'S IMPREST ACCOUNT TO BE CREATED
ENTRY FOR PAYMENT OF ELEC BILL'-
ELEC. EXP. PAYABLE
TO PARTNERS IMPREST ACCOUNT

ENTRY FOR PAYMENT OF CC BILL-
PARTNERS IMPREST ACCOUNT
TO BANK ACCOUNT
1 Reply
On 30 September 2018 at 13:42
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247 Points Joined September 2018
nice gagan and we have only one way but it's a one more option I tell you wait
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On 01 October 2018 at 09:39
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searching job
151 Points Joined February 2013

Entry shall be,

Expense Account Dr

To Partners Capital Account

And

Partners Capital Account Dr

To Bank Account.

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On 02 October 2018 at 12:33
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7059 Points Joined January 2017
good clarification and information
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On 11 August 2019 at 21:17


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