E-commerce
Marketplace Sale — Noon / Amazon.ae (Gross)
Recording a product sale made through a third-party marketplace where the store is the principal.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Receivable: Marketplace (Noon/Amazon) | Asset (+) | 200.00 | - |
| Sales Revenue (Marketplace) | Revenue (+) | - | 200.00 |
| Cost of Goods Sold | Expense (+) | 80.00 | - |
| Merchandise Inventory | Asset (-) | - | 80.00 |
💡 Accountant's Note
When the store controls the goods and is the principal (not an agent), the full sale price is recognized as revenue. The marketplace receivable represents money owed before commissions are deducted.
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