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
Answer Posted / 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 |
Post New Answer View All Answers
hi every one i just want to know the entry for bank charges dt 31.3.2016 which deducted on 02.04.2016 kindly help me thank you raj
What is WCT ? Who will Resposible for deposit WCT Means TDS Deductor or Material supplier. Is TDs applicable on WCT. Who will responsible for deposit WCT. I Am New For this Field. Thanks in advance...
Tell me what are the three factors that can affect your cash flow and business profitability?
Is buy or sale trade will impact on Nov? Yes/No Please explain.
what are the limitations of accounting ratios?
How did you chose your university?
How many invoices on average do you handle on a weekly/monthly basis?
what is accounting cycle ?
What are the different types of gst?
In a housing society accounting if a defaulter having dues consisting of principal amount and simple interest, pays a part amount whether the received amount should be adjusted first against the interest dues and accordingly reduce the balance principal dues or adjusted only against the principal amount, allowing outstanding simple interest to contineously increase/
a cc. has balance Rs. 8,40,000 at the credit of profit and loss a/c this balance is used for redemption of debentures what will be the entry
Tell me what is accrual accounting?
What is the difference between Accruals and Provisions?
X draws a bill on Y for Rs 20,000 for 3 months on 1.1.05. The bill is discounted with banker at a charge of Rs 100. At maturity the bill return dishonoured. In the books of X, for dishonour, the bank account will be credited by Rs. (a) 19,900 (b) 20,000 (c) 20,100 (d) 19,800
Where a cash discount should be recorded in a journal entry?