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When you take back an item that you purchased, they give you cash back (instead of a gift card to that store).
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∙ 11y ago
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What is the difference between redemption value and refund value?
The diference is in the nature it is turned back in for credit or cash. Was it done by the purchaser (refund) or the person the gift was given to (redeemer). It boils down to the first or second party.
If you get a loan from a credit union and they put gap insurance in it can you get a refund?
It depends. If you paid it all upfront in cash for the life of the loan and you trade the car in early you might be entitled to a small refund. If the gap insurance is included in the car payment then no. There is no refund at that time, because you are paying only for what you use.
What does refund-payer dlun1 mean?
Direct loan unsubsidized
How do you get refund from a lapsed policy?
Usually an insurance policy lapses when there is not enough premium paid or not enough cash value to keep the policy in force. So, if the policy lapsed, there is no refund owed to the policy owner if the policy had no "Return of Premium" or any cash value left. The premiums already paid into the policy were used to cover for the amount of time since policy issue until the moment it lapsed.
What is cash sale docket mean?
Receipt
What is the journal entry to record a refund?
Debit refund accountCredit cash / bank
What is the accounting treatment for a refund to customer?
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].
Can you cash your deceased mothers refund check?
No.
What is the journal entry when you receive a cash refund?
Debit cash refundCredit expenses
If a company returns defective supplies that were purchased for by cash and receives cash refund is this transaction recorded in Cash Receipts Journal?
Yes, the transaction of returning defective supplies and receiving a cash refund would typically be recorded in the Cash Receipts Journal. The entry would involve debiting the accounts payable or purchases returns account for the amount of the defective supplies and crediting the cash account for the amount of the refund received.
How do you cash a tax refund check without an ID?
You can not.
Can a 401c corporation give a cash refund?
if they feel like it
How much do you get from recycling glass bottles?
Differs on the cash refund.
What is Cash Voucher?
A cash voucher is a piece of paper that can be used in place of cash. These are often given as gift certificates or refund checks from stores.
where can i cash my state tax refund check with no picture id?
No one will or should cash your state refund check or any check for that matter without a valid non-expired picture id or ids.
Why should you file your tax return early is you expect to receive a refund?
Do you like having money? The earlier you file, the earlier you get your refund cash.
When you don't use your PIN do you need a refund in cash or can it be credited back to your account like a credit card?
if you pay by card you will get a refund by card
