No this is new but I did get a number to call the from tax act to reach Endeavor. 1-866-696-5221 I spoke with a gentleman named Ryan and he was a great help!!!!
DO NOT get the endeavor card. use something like green dot or account now.... I filed on jan 20th, making Feb 1 my almost 10 day wait. I called to see why my card hasnt shown up and they have yet to send it!!! ... IM PISSED!
debit
Debit refund accountCredit cash / bank
Credit to the customer.
When goods refund:[Debit] Sales returns[Credit] accounts receivable / cashAdjusting entry:[Debit] sales revenue[Credit] Sales returns
I think it may depend on store you want the refund from. Some will mail you a refund instead of giving it to you at the time of the return.
debit
Debit
Debit
Debit refund accountCredit cash / bank
Some of the top programs used for taxes would be Turbo Tax, Taxact or H&R Block. They all offer efile and quick refunds with in 21 days. You can choose a check, a debit card or bank account refund.
Credit to the customer.
When goods refund:[Debit] Sales returns[Credit] accounts receivable / cashAdjusting entry:[Debit] sales revenue[Credit] Sales returns
Debit cash refundCredit expenses
I think it may depend on store you want the refund from. Some will mail you a refund instead of giving it to you at the time of the return.
Is it right that I debit the refund to [Sales returns] and credit it to [Cash at bank]? But the answer given by my teacher is that the refund is debited to [Trade receivables] and credited to [Cash at bank].
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yes as long as you have all the paper work/recipet