if we paid the amount through credit card what will be the
entry and credit card purchases under which group

Answers were Sorted based on User's Feedback



if we paid the amount through credit card what will be the entry and credit card purchases under w..

Answer / suresh kumar

Expenses/Assets A/c.....Dr.
To Name of Bank A/c
(Credit Card Bank)

Is This Answer Correct ?    3 Yes 0 No

if we paid the amount through credit card what will be the entry and credit card purchases under w..

Answer / d.c. bansal

Expenses/Assets A/c.....Dr.
To Credit Card A/c

Is This Answer Correct ?    3 Yes 4 No

Post New Answer

More Accounting General Interview Questions

if u sale an asset for Rs.1000, which shows the book value of 8600. what will be the journal entry???

3 Answers   ACS,


HOW CAN I OPEN A CC A/C ? WHAT ARE THE MINIMUM REQUERMENT TO OPEN A CC A/C ? WHAT ARE THE FACILITY OF A CC A/C IN THE BUSINESS FIELD ? WHAT ARE THE BANK CHARGES AND INTEREST IN CC A/C ?

1 Answers  


PLZZZZZZZZZZZZ HELP ME FOR THE PREPARATION OF TEST JR.EXECUTIVE (ADMIN)IN ATM IAM APPEARED 1ST TIME IN THIS TEST MY TEST CENTER IS RAWALPINDI MY CONTACT NO IS 03338907330

0 Answers  


What is liabilities and what all does include in current liabilities?

1 Answers  


Goods lost by fire rs.5000 it was partly insured insurance company admit the claim for 3500 what will be the journal entry

3 Answers   SRLF,


What is the meaning of summarizing?

1 Answers  


Entries to revenues accounts such as service revenues are usually?

1 Answers  


What are the rules for debit and credit for different accounts to increase the amount in your business accounts?

1 Answers  


Tell me what is project implementation?

1 Answers  


what is the difference b/w carpet area,covered area and build- up area and how it is calculated.......

1 Answers  


who is the creditor and debtor

8 Answers   AXA, IBM,


why assets are shown at their historical cost price but not at their current price bcoz we are following historical cost concept. but this will not reveal correct financial position of the business.give reason

1 Answers  


Categories