Cash

ashley6891

I paid for a gift with a debit card. My friend gave me $20 cash to cover her part.

I would like to categorize the cash in cash account as both income and assign it to the "gift" category because she was paying me back for a gift I bought.

I want my gift category to show an additional $20 income since she paid me the $20.

Is there a way to do that?

NotACPA

It's a split transaction.

Total debit in your checking account is $40.

In the split, $20 goes to GIFTS

and $20 is a transfer to your CASH account.