Phone: 603-269-2200 ... Then at the end of the cycle you just pay the bill and your job is done. ... Recording credit card purchases on your books can be confusing and messy if you don't do it right. ... the card, i.e. American Express) When you make the payment of the credit card, the general journal entry would look like this:.... Understand how to record an asset. ... Understand which accounts are affected by an adjusting journal entry. ... April 28 Paid telephone bill for April, $130. df76