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    BusinessGirl's Avatar
    BusinessGirl Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Nov 14, 2007, 05:25 PM
    Recording coupons in the general journal
    How would you record the journal entry for a coupon, or rebate? Say that $20 coupons were given out for every $100 spent and expired in a month. Would you create an allowance account for this?
    robinad's Avatar
    robinad Posts: 86, Reputation: 8
    Junior Member
    		  
    #2

    Mar 8, 2011, 08:35 PM
    I guess it would depend on how good the coupons. Are they online coupons? Are they for something you buy standard every month?
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