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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.
How do you cash a tax refund check without an ID?
You can not.
Can you pay your tax preparer with refund money?
My refund i paid my tax preparer came back to me why?
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].
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.
Can you cash your deceased mothers refund check?
No.
was the tax refund due for 2009 paid?
was the tax refund for 2009 paid. last word was that state was holding it up
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 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.
Why can i not get a refund if i paid cash after 1 month if you offer how to cancel monthly dues membership?
Why u cant is because they are to selfish and cheap to give u ur money back.
What is refund of interest?
It is a refund of a percentage of interest one has paid during a particular period.
Can a used car you paid cash for be returned to the used car dealer for refund if you learn insurance will not cover a young driver?
Yes, but I do not thnk you can get all your money back If you have driven it of the lot.
