Money in credit card account

[Chris Henderson]

On Mon, May 18, 2009 at 4:00 AM, Maf. King <maf at chilwell.net> wrote:
> On Monday 18 May 2009 11:47:24 Chris Henderson wrote:
>> I have some money deposited in my credit card by someone & I was
>> wondering where to add it. I have credit card under Liabilities as
>> Type Credit Card.
>>
>> Thanks.
>
> It depends what the money deposited is.
>
> I can think that is might be:
> A gift from someone,
> A loan from someone,
> A repayment on a loan you made to someone
> A refund from a retailer for a returned purchase.
>
> each would (probably) use a different transfer account from your credit card
> register.

Sorry for not being clear in my previous email; just started using
Gnucash. The money ($2000) I received on the credit card is a gift
from someone. So I have some extra money sitting on the card. Should I
add this to Liabilities - Credit Card and transfer to Income - Gift
Received? (if I do this, credit card changes color to red). Or should
I just open a new account under Income - Gifts Received called "credit
card gift" and add the $2000 there?

Thanks.