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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

Answer Posted / 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



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