Car purchased on Credit card
Arul
Registered Posts: 8 New contributor 🐸
hello.
have a client who has purchased a car on his personal credit card. He has no idea what the balance is as its used to purchased other items for personal use too and he told me it would be difficult to find out. My client is a sole trader.
My question is how would i bring into his accounts.
Shall i just debit asset ac - vehicles and credit capital introduced.
thankyou.
have a client who has purchased a car on his personal credit card. He has no idea what the balance is as its used to purchased other items for personal use too and he told me it would be difficult to find out. My client is a sole trader.
My question is how would i bring into his accounts.
Shall i just debit asset ac - vehicles and credit capital introduced.
thankyou.
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