Newest Posts Blogroll | MarketplaceBusiness Credit Cards InstantPosted on February 16, 2010. How to get refund of credit card accounts instant sage? Surrender of credit card is tax free, then how enter in the accounts of trade without the inclusion in income? You will need to allocate to the account on which the refund is paid. Yes treat it as a payment received, but whats it for - whether it is recoverable, then it needs to offset the expense (any accrual should be reversed separately) If not how come its tax-free CommentsThere are no comments.Leave a Comment |