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donations
11-19-2014, 10:26 PM
Post: #1
donations
For the company that is donating product, how do they record the transaction?
Is it just: credit inventory and debit donations (opex).
Does either cogs or revenue get hit?

Thanks
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12-24-2014, 08:08 PM
Post: #2
RE: donations
Debit donation expenses

Credit stock.

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