Accounting question

Guus Bonnema gbonnema at xs4all.nl
Mon Jun 27 04:45:13 EDT 2016


> I treat tax refunds the same way, recording them as a/r on December 31 of
> the year for which I'm filing.
>
You wouldn't treat tax refunds as (delayed) income? As tax decreases 
income, tax refund increases income albeit delayed?

P.S. I might be misunderstanding the term "a/r", taking it to mean you 
do not regard this as income.

Kind regards, Guus.


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