I have a credit card with 30000 dues. I have not paid it since 8 months because of some bank issues. Today I have received my card statement. Now my total dues are nil and there is a journal entry of credit "SALE OF ASSETS" without any payment. I am confused. Can any one help me out?
2 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 20 January 2021
It might be that bank has deducted from your savings account
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