When merchandise is returned, customers usually ask for a cash refund. However, a customer may find that low-quality (or slightly damaged) goods can be resold at a lower price or they can be used elsewhere. These accounts normally have credit balances that are increased with a credit entry. How to Record a Sales Revenue Journal […]
Author Archives: April
While data analytics isn’t necessarily glamorous, it’s critical to pushing your team and company forward. Many account executives begin their careers as account coordinators or sales reps before transitioning to an account executive role. Those who are newer to the role — or lack relevant experience accounting firm, accounting companies — often start as junior […]