Partner credit card payment entry in tally

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 .

Replies (4)
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
nice gagan and we have only one way but it's a one more option I tell you wait

Entry shall be,

Expense Account Dr

To Partners Capital Account

And

Partners Capital Account Dr

To Bank Account.

good clarification and information

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