E-commerce
Return Shipping Cost Absorbed by Store
Recording the cost of a prepaid return label provided to a customer.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Returns Shipping Expense | Expense (+) | 8.00 | - |
| Prepaid Shipping Credits / Cash | Asset (-) | - | 8.00 |
💡 Accountant's Note
Free returns are a customer retention tool but a real cost. Tracking return shipping separately enables the business to measure the true cost of its returns policy.
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