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Accounting entries for credit card transactions

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S ELAVARASI (ACCOUNTANT) (2975 Points)
Replied 11 June 2018

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karan (article) (71 Points)
Replied 11 June 2018

thanks

S ELAVARASI (ACCOUNTANT) (2975 Points)
Replied 11 June 2018

WELCOME

    

    

 


Rammi_RP Rawat (Accountant ) (386 Points)
Replied 15 June 2018

Post Entry for loan Received

Dr. Bank A/c .......Xxxx

Cr. Credit Card Loan A/c .......Xxxx

(Narration :- .........................................)

Post at the time of payment 

Dr. Credit Card Loan A/c........Xxxx

Dr. Interest on Loan ...............Xxxx

Cr. Credit Card (Current liabilities) .......Xxxxx

(Narration ..............................................................)
 



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