Withdrawal money from credit card through atm machine

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Hello,

Withdrawal money from credit card through atm machine

What is the entry of this in tally?

 

Replies (5)
Hi Welcome to CCI TEAM...

Is this the CARD by Owner/ Promoter...??

Are You follow up the card in business account...??

Yes this card for business purpose

Originally posted by : Muskan Verma
Yes this card for business purpose

Good.,

On Withdrawal :

Dr. Cash A/c - XXXX

Cr. Credit Card A/c - XXXX 

 

At the time of Payment :

Dr. Credit Card A/c - XXXX

Cr. Bank A/c

If any doubt and requirements please post Your queries...

Add money paytm to paytm wallet 

Tally entry of this ? 

Originally posted by : Muskan Verma
Add money paytm to paytm wallet Tally entry of this ? 

Prepare separate ledger for the said PayTM accounts as per Your needs..

From Bank to PayTM

Dr. PayTM A/c - XXX

Cr. Bank A/c - XXX

 

For Payments through PayTM :

Dr. Expense/ Person A/c - XXX

Cr. PayTM A/c - XXX

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