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+--- Thread: donations (/thread-donations)
donations - Dodger - 11-19-2014
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
RE: donations - blue_oceans79 - 12-24-2014
Debit donation expenses
Credit stock.