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#2148231 - 09/30/17 05:30 PM CTR Section 25
Wildcat Rampage Offline
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Joined: Aug 2016
Posts: 95
Kentucky - Home of the 8 time ...
I'm talking myself in circles. I think I've seen this in this forum, but can't find it now, so...

John Doe sells his car for cash and comes to the bank to pay off his loan. He makes brings $12,000 to pay the $11,920 balance.

I have $12,000 cash in and $80 cash back.

I "want" to remember that on part 25 I should put $11,920 on 25 b - "Payment(s)" and $80 on 25 e - "Currency exchange(s)" to account for what actually happened with the $12,000 that was brought into the Bank.

Am I remembering correctly, OR should I just say that Mr. Doe paid $12,000 on a $11,920 balance and go about my business?
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Wildcat basketball isn't a matter of life and death, it's much more important than that.

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#2148249 - 10/02/17 12:31 PM Re: CTR Section 25 Wildcat Rampage
Wildcat Rampage Offline
Member
Joined: Aug 2016
Posts: 95
Kentucky - Home of the 8 time ...
_________________________
Wildcat basketball isn't a matter of life and death, it's much more important than that.

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