E-commerce
Flash Sale / Promotional Discount
Recording sales during a Black Friday or Eid sale at a significantly reduced price.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Cash / Stripe | Asset (+) | 59.40 | - |
| Sales Discounts (Promotional) | Contra-Revenue (+) | 39.60 | - |
| Sales Revenue | Revenue (+) | - | 99.00 |
| Cost of Goods Sold | Expense (+) | 45.00 | - |
| Merchandise Inventory | Asset (-) | - | 45.00 |
💡 Accountant's Note
Recording the full price and a promotional discount separately preserves the gross revenue figure for performance analysis. Management can see that JOD 39.60 per unit was given away in promotions.
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