Difference between revisions of "Refunds"
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'''Refunds''' received are the return of excess payments to the [[government]]. Refunds paid by the government are recorded as [[obligation]]s and [[outlay]]s, or reductions of receipts. | '''Refunds''' received are the return of excess payments to the [[government]]. Refunds paid by the government are recorded as [[obligation]]s and [[outlay]]s, or reductions of receipts. | ||
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Revision as of 19:22, October 7, 2008
Refunds received are the return of excess payments to the government. Refunds paid by the government are recorded as obligations and outlays, or reductions of receipts.
