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(Querist)
27 November 2009 how can i do credit card entry plz give 4 entry of payment , expenses, repayment , point earn or rewards get from credit card co.?
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CA Tilak Raj Sharma

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CA Tilak Raj Sharma (Expert)
27 November 2009 If the credit card is owned by the person in whose books you are making entry then just open a credit card account in the books like bank od account and make the journal entries.

In other cases you can debit the expense and credit the individual account whose card has been used.
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