It's a liability until you earn it out or otherwise no longer have to refund it. So you receive it as debit cash and credit a liability. Eventually, when you earn it out, you debit the liability and credit an income account.
On Tue, Feb 10, 2026, 18:47 <[email protected]> wrote: > Hi, > > > > I have cash in a bank account that is a refundable deposit. I want to > report > it in the bank account but not as an asset (until such time it is not > refundable). > > Could anyone tell me the correct general journal to create? > > > > Thanks > > > > > > Jim > > _______________________________________________ > gnucash-user mailing list > [email protected] > To update your subscription preferences or to unsubscribe: > https://lists.gnucash.org/mailman/listinfo/gnucash-user > ----- > Please remember to CC this list on all your replies. > You can do this by using Reply-To-List or Reply-All. > _______________________________________________ gnucash-user mailing list [email protected] To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
