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Ko58
Nov 1, 2012, 08:52 AM
Our company shipped our product, which had been paid for, to our customer. The carrier damaged the product in transit and disposed of it. We remade the product and reshipped it to our customer, without charge. We filed a claim with the carrier and they reimbursed us the cost of the product. How do I enter this on my books?

pig84
Nov 1, 2012, 09:12 AM
Receivables?