Money in credit card account

Maf. King maf at chilwell.net
Mon May 18 07:00:15 EDT 2009


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.

Hi Chris,

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.

HTH,
Maf.



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