Construction
Sale of Construction Site Scrap
Recording revenue from selling excess rebar or copper scrap from a job site.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Cash | Asset (+) | 500.00 | - |
| Other Income (Scrap) | Revenue (+) | - | 500.00 |
💡 Accountant's Note
In Jordan's construction sector, scrap sales are often treated as 'Other Income' rather than a reduction of the project's material cost.
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