Which accounting subject does purchasing something with a credit card belong to?

For credit credit cards, allowing "consumption first, repayment later" and allowing overdraft are important features. For debit credit cards, "deposit first, then spend", but on the premise that it is determined to be a bona fide overdraft and repayment is guaranteed, cardholders are also allowed to overdraft an appropriate amount within a short period of time when they are in urgent need of funds. Overdraft interest is generally much higher than that of bank loans in the same period, and card issuers have a complete set of measures to prevent and pursue overdraft risk losses.

Accounting subjects

In addition, "Credit Card Overdraft" is an accounting subject, numbered 1322

This subject accounts for the cardholder's consumption or cash withdrawals in credit card business. Overdraft amount formed.

When the cardholder overdrafts, this account will be debited and accounts such as "Amounts Deposited in the Central Bank" and "Cash" will be credited.

When the cardholder repays the overdraft, the "Personal Deposit", "Organization Deposit", "Cash" and other accounts will be debited and this account will be credited.

At the end of the period, credit card overdrafts should be comprehensively examined and loan loss provisions should be reasonably made. The reasons for unrecoverable credit card overdrafts should be identified. If it is indeed irrecoverable and is approved as a bad debt loss, the loan loss provision drawn should be written off, and the "loan loss provision" account should be debited and this account should be credited.

Once the loan loss provision is confirmed, it cannot be reversed.

This subject should be calculated in detail according to the cardholder.

The ending debit balance of this account reflects the cardholder’s overdraft amount. Which general ledger account does the transportation fee for purchasing items belong to?

It depends on what you are buying.

If the purchase is inventory, it is generally included in the purchase cost of the inventory.

The purchase cost of inventory includes the purchase price, relevant taxes, transportation charges, handling charges, insurance premiums and other expenses attributable to the purchase cost of inventory.

If what you buy is itself included in the cost, such as office supplies, etc., then the transportation fee must also be included in the cost. Is using a credit card to pay for something online a credit card swipe or a cash withdrawal?

It belongs to consumers, but I usually don’t get points for online purchases. When withdrawing cash, I withdraw money directly from an ATM. Is buying something online with a credit card a cash withdrawal?

No, as long as you don’t withdraw cash from an ATM, it doesn’t count as cashing out. How to buy something in installments with a credit card?

It’s not about which credit card you use to buy N96, it’s about which electrical appliance store you go to that can let you buy a suitable N76 mobile phone with installment payment ~ Gome Electric Appliances and Suning Appliances both accept this The installment business is divided into 6 installments, 12 installments, 24 installments or even more. 1 installment = 1 month. They will calculate how much you have to pay back in this month. For details, you need to go to your local Gome or Suning. Take a look~ The installment plans are different in each place~

How to pay in installments using a credit card when purchasing things on Tmall

After making a purchase, you can choose installment payment on the credit card management page of mobile banking Repayment and installment repayment require a handling fee first.

Credit card installment business is not the same type of business as loans. What is charged is a handling fee, not loan interest. With the popularity of credit cards, credit card installments occupy a large amount of bank funds. Taking into account the rise in capital costs, banks have therefore increased installment payment fees.

Credit card installment business is mainly divided into three categories: bill installment, single consumption installment and cash installment. Although it is said to be "interest-free", the installment fees cannot be underestimated, and some are even very high. Some handling fees are charged in advance in one lump sum, while others are repaid monthly along with the principal. For the one-time charge, if the user repays in advance, the handling fee will not be refunded. When you use a credit card to buy something on Taobao, it will show whether you purchased it with a credit card or a debit card.

A payment page will appear. You can check what the default payment method is. If it is not the method you need, there is a click to change the payment method next to it. Just go in and make a selection. Use a credit card to pay for purchases on Taobao. Does the credit card have points?

If it is a China Merchants Bank credit card, there are currently points for quick payment through Alipay.

Which accounting subject does the purchase of printing paper belong to?

The first-level account of expenses-administrative expenses

The second-level account-office expenses

Accounting voucher: Debit : Management expenses - office expenses

Loans: Is it legal to bind cash in stock, etc. to a credit card to buy things?

Very legal. The nature of a credit card is to use it for shopping. It is for the purpose of borrowing and returning at any time.