HST Bonus from Revenue Canada
Our company received a $1,000.00 from the government to help with the HST transition.
We deposited this 'free money' in the bank, so I know I debit the bank account, but what account do I credit?
Thanks for helping. Judy
I would credit "Other Income".P.S. I would like to remind you there is a difference between information and advice. The general information provided in this post or on my site should not be construed as advice. You should not act or rely on this information without engaging professional advice specific to your situation prior to using this site content for any reason whatsoever.