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If your debit card is linked to a bank account, then yes, you can have your refund deposited directly into the bank account. Otherwise... I'm not sure. If there's a routing number and account number (not just the card number) associated with your debit card, then I wouldn't see why not.
What else can I help you with?
Is net income a debit or credit?
does net income have a normal debit or credit balance
Is return inwards a debit or credit?
Debit
What is the journal of Dividend Income?
If dividend income received: Debit Cash / bank Credit Dividend income If dividend income receivable: Debit Dividend income receivable Credit Dividend income
What is the journal entry to record accrued interest on a mortgage?
(debit) interest income (credit) (debit) interest income (credit)
Is deferred income taxes debit or credit?
It's a debit... since - once the income tax is confirmed, it will be taken from the account.
Is net income a debit or credit?
does net income have a normal debit or credit balance
Is return inwards a debit or credit?
Debit
Is wages due debit or credit?
wages is expense and expense is debit salary is income and income is credit
What is the journal of Dividend Income?
If dividend income received: Debit Cash / bank Credit Dividend income If dividend income receivable: Debit Dividend income receivable Credit Dividend income
How do you account cash sales return?
[Debit] Sales return [Credit] Cash /bank [Debit] Sales [Credit] Sales return
What is the journal entry to record accrued interest on a mortgage?
(debit) interest income (credit) (debit) interest income (credit)
Is expense a debit on the income statement?
All expenses have debit balance as normal accounting balance so all expenses shown on debit side of income statement.
Is deferred income taxes debit or credit?
It's a debit... since - once the income tax is confirmed, it will be taken from the account.
What is the journal entry for 'Received Fee Income in cash'?
[Debit] Cash / bank [Credit] Fee income
How do you do the income summary?
If there is a net income, debit Income Summary. If there is a net loss, then credit it.
Journal for Accrued income?
[Debit] Accrued income receivable [Credit] Accrued income
What is the journal for deferred income?
There are two sides to the entry, upon cash receipt you debit cash, credit deferred income. To apply the deferred income, the entry is debit deferred income and credit revenue.
