Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


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?

Answers were Sorted based on User's Feedback



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

Post New Answer

More Accounting General Interview Questions

we had company we provide work others they deducted tds how to pass entries in my company please tell me

1 Answers  


What is the meaning of deferred revenue and expenditure, give examples

2 Answers   Bank Of America, Capital IQ,


what is mercentile system in accounting

1 Answers  


Plastic money

3 Answers   Bank Of America,


Proprietor paid amount of Rs. 11060/- for car insurance. Pass Journal.

0 Answers  


What is the entry for closing stock value reduction?

0 Answers   ICICI, ICS Integrated Computer Solutions,


is we should taken the cl or op. stock in trail balance

2 Answers  


what are your current financial and accounting projects? What is your role?

0 Answers  


How is the accounting for lease transactions done?

0 Answers  


What is accounting transaction?

0 Answers  


LIQUIDITY

1 Answers   Bank Of America,


difference between debit notes and credit notes

1 Answers  


Categories