What are the transactions and journal entry involved when a
customer makes purchase or does payment for his own
consumption or purpose through debit card?
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Answer / rakesh
first if customer purchase through debit card
sale a/c
to Customer a/c
then......
customer a/c
to BANK dedit card a/c ( which a/c u r operating for cards)
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Answer / vijay kumar.k
Debit card / Credit card A/C Dr
To Sales A/C
(Being sales made through card)
Bank A/C Dr
Bank charges A/C Dr
To credit/debit card A/C
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