Re: [GNC] Double entry accounting (A/R Sales Revenue, COGS Inventory, Sales Returns And Allowances A/R)

Jason, Not real sure if your question is asking for more than basic accounting entries, but you can find plenty of online examples and texts showing the proper debits and credits. Focus your search on manufacturing examples. You may not need *all* of those related entries, but you will

[GNC] Double entry accounting (A/R Sales Revenue, COGS Inventory, Sales Returns And Allowances A/R)

Hi, my name is Jason. ;) quite happy to be able to register with a real name. My business is about creating a product and selling it to a customer. 1. A/P Purchases from Cosmetic LLC (Green 170 pcs) to Inventory = $510 2. Capital; Purchases from Packaging LCC (Matte 170 pcs) to Inventory = $170