Restaurant
Sale of Restaurant Gift Card
A customer purchases a prepaid gift card to give as a present.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Cash / Bank | Asset (+) | 50.00 | - |
| Gift Card Liability | Liability (+) | - | 50.00 |
💡 Accountant's Note
A gift card is not a sale. It is a liability because the restaurant owes the holder food worth JOD 50. Revenue is only recognized when the card is spent at the counter.
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