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any body pls. tell me, if we purchase with credit card how
to take into tally ( and)
comes under which group for credit card purchases

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any body pls. tell me, if we purchase with credit card how to take into tally ( and) comes under ..

Answer / tej prakash sati

Purchases will be booked in Purchase account and same
amount will be credited to the Credit Card account which
will created in Tally under current liabilities (Loans-
Liability) (Bank OD A/c).

Is This Answer Correct ?    7 Yes 2 No

any body pls. tell me, if we purchase with credit card how to take into tally ( and) comes under ..

Answer / sandhya

for suppliers it goes to sundry creditors.
this is the pay through the credit card.
so it comes to bank account.
in bank accounts r bank OD account create that bank account
as a ledger.and then enter the value to that date.

Is This Answer Correct ?    1 Yes 1 No

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Re: one customer visit the showroom of phones and purchased the phone of Rs 750 and gave the 1000 rupees note the showroom executive didn't have the change so he take the change from next to his showroom's shop then he deliver the phone to customer with the change of rs 250.and customer went with both after sometime the shop owner of next to showroom who gave the change of Rs 1000 with angry and told the showroom executive that the note you give it to me is fake! so showroom executive gave him Rs1000 to him.so my(question) is how much the showroom executive faced the loss on this transaction. (the answer is neither 750,1000,1250,1500,1750 nor 2000) please reply the answer because its urgent with the explanation of u'r answer thankyou.

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