[GNC] How to Handle Mastercard Points

[David T.]

My apologies. I see that Cam was the poster using this term. But I do think 
you're not talking about shares in Costco (which the reference to a DRIP 
would imply). 
  
  
  
  
  
  
  
  
  I'm pretty sure the use of the term "Costco dividends" was a 
misstatement, and the poster was referring to a rewards program balance, 
rather than shares in the Costco corporation.                    On 
2026-01-05 18:00, Adam H. Kerman wrote:     Dividends are ordinary income. 
Credit the dividend income account, debit the     asset. Is this a DRIP? 
Then the asset is the stock account, otherwise it's a     cash account.     
      I am not at all in disagreement with this approach, and would use it 
as a general case. I chose my particular approach to separate it from 
reportable dividend income, since it's a one-off, though now that MC has 
changed its cashback method, I'll probably need to set up something more 
orthodox for both.           Cheers           Cam                 
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