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?

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

My boss said to me "Calculate Tds for the month of may 2018 from bank statement". my Boss business is Proprietorship of Construction and designing work. How I can calculate Tds liability.

1390


WHETHER CAPITAL RESERVE CREATED OUT OF SALE OF FIXED ASSETS OVER AND ABOVE THE COST BE TRANSFERED TO PROFIT AND LOSS ACCOUNT

2040


I want to know the Payroll Accounting Questions

2680


WHAT ARE THE LIMITATIONS FACING ACCOUNT CONCEPTS AND CONVENTIONS?

2351


sir i want to know that where we taken entry of sals return in excise in manufecturing unit tell me .

2215


journal entry for goodwill and capital bought by a new partner?

1630


Mention the types of ledgers?

1147


Sir i want to ask that if the salary above 6500/- than also pf deduct.

1968


Can you send me advertisement format for lost of E-1 form. kindly do the needful urgently. Thanks AP

1912


What is the double entry system explain its rules with examples?

1093


Tell me what do you think is bank reconciliation statement?

1106


paid vendor to RS 15000 and incentives of RS.5000 and deducted Rs.3000 as penalty so finally paid to vendor is Rs.17000. please let me know the journal entry for this.

1727


Mention what does the investment of personal assets by the owner will do?

1147


If a prospective client kept presenting you with excuses not to buy, what would you do?

1131


Capital secure should be shown in which side of the balance sheet?

2354