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?
- 2 Answers
- 3074 Views
- I also Faced
- E-Mail Answers
Answer Posted / 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 View All Answers
What is quality discount?????//// pls mail ur answers at my e - mail ID : kamalsodhi24@gmail.com
The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.
How do you handle rejection?
how to calculate vat,pf,esi,service tax in corporate firm
WHAT IS THE LAST DATE OF HOUSE TAX SUBMITED , AND WHAT IS THE RATE OF HOUSE TAX ?WE PAID HOUSE TAX MCD OR ANY OTHER. PLEASE TELL ME.
Explain the meaning of long-term notes payable is or long term liabilities?
What is fractional code and how can i get a fractional code for a particular account?
I WRITE GROUP-4 EXAMINATION.I STADIYING INTERMEDET HOW MANY PARSANTEGE OF GROUP-4 EXAMINETIN
whether sale and purhases of cf agent are his and he is liablte to pay VAT on sale of goods and pay the tax to govt collected by him one more being receiving commission of saleproceed during the year whose stock would be it it is of c f agent or principal manufctrurer who has send the goods to sold on his behalf
Alex’s Trial Balance at 31 December 2015 Dr (BWP) Cr (BWP) Capital 18 240 Bank overdraft 3 000 Fixtures and fittings 14 100 Provision for depreciation-fixtures and fittings 8 800 Inventory 14 200 Trade receivables 12 300 Trade payables 9 900 Revenue 110 000 Purchases 51 000 Discount received 1 800 Wages and salaries 26 000 Sundry expenses 34 000 Discount allowed 620 217 540 ======= 86 420 ======== Required: i Prepare the corrected trial balance at 31 December 2015. (7 marks) ii Show any difference you find as a balance on an appropriate account.
What is normative accounting?
want to know the questions and answers frequently asking in banks at the time of interview for any cadre
Define trade bills?
What else ? This is the question asked to me every where every time while facing interview. I want to know is this a real question for accounting? If yes haw or if no How? I am really confuse.
Explain things that fall under intangible asset?
