Wonder if someone can give me a suggest for following two journals I created. but looks like Cr item not in correct sub-catergory:
I received a refund of transaction fee (say $19.95) from the stock trading centre, what is the appropriate Cr I should use, apparently I use 26500/001(other income) for Cr, Not really feel it is a correct one, any suggestion?
For an investment property, we are paying the Water Rate, as tenant claim they won’t open a usage account for their own, rather, do a reimbursement to me for usage part, what is an appropriate Cr for this amount the tenant paying to me.
I currently use 42150/Property (property expenses–water Rates) as Cr, does this sound right?
Thank you very much in advance, as a newbie for double-entry bookkeeping, it is not easier and please give helping hand if you could, thank you and Cheers