Source for "bonus" money on gift card

[Phil Longstaff]

Jason wrote:
> In the area here, we had a department store doing a gift-card "bonus" of 
> 10%.
> 
> What happened is, you buy a gift card (say, $300) they add an extra 10% 
> to it ($30) giving you a total gift card balace of $330. You can then 
> use the card to buy anything in the store.
> 
> The interesting part now comes in how to record where this 'extra' $30 
> comes from, accounting wise? I'm half tempted to mark it as 'gift' 
> income from the store, but am not sure that is right. If I were to do 
> that, I'd put $300 on my payment vehicle, and $30 from my "income: gift" 
> account.
> 
> IS this the 'right' thing to do? Sticker price for everything stays the 
> same so all the receipts just show a payment with a gift card with $330 
> on it.
> 
> Thanks

I would use income:gift.

Phil