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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What are the transactions and journal entry involved when a customer makes purchase or does payment..

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)

Is This Answer Correct ?    4 Yes 2 No

What are the transactions and journal entry involved when a customer makes purchase or does payment..

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

Is This Answer Correct ?    0 Yes 0 No

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