Bit confused as to which account i allocate an INCOME TAX REFUND. Is it a credit to a liability account as Income tax payable (as its a refund) or allocated to other income and create a new acco...
We hope this message finds you well. We just want to check back with you regarding your concern on your Income Tax Refund. You can reach out to us anytime if you still need further assistance with this. We are more than happy to help you.
Kind Regards,
Cel
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