interesting accounting problem - how to handle

[Jay Ridgley]

Jay Ridgley wrote:
> Folks,
> 
>  My bank made an error and posted a credit card payment to my mortgage 
> principle
> and after I discovered it and drew it to their attention, have decided 
> to leave the extra principle applied AND credit my credit card.
> 
> Now the question I have is, what is the other leg of the transaction, I 
> know to credit my mortgage liability but the offset comes from which 
> account?
> 
> Cheers,
> Jay

Folks,

After much thought and reviewing the input I received I decided to handle it as 
a gift (Income:Gifts) and DEBIT my Mortgage (thanks Yawar).

Regards,
Jay

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Jay Ridgley
jridgley2 at austin.rr.com
Registered Linux User ID - 9115
Registered Ubuntu User ID - 23320