Credit to Insurance From Bank
Have our insurance with our bank. Every year the bank gives a refund that is applied to our insurance, so we do not receive the funds in our bank account. I want to enter a credit in in my insurance account, so we can track how much we spend on the insurance, but I do not want to put the debit in the bank account as there would be an error in the reconciliation. Can you tell me what account I should use for the debit of the refund? Thanks
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