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-   -   Inventory and Deferred Revenue (https://www.askmehelpdesk.com/showthread.php?t=540841)

  • Jan 5, 2011, 09:52 AM
    malccounting
    Inventory and Deferred Revenue
    If I were to make a sale. Then go buy the product from my supplier and begin to make it (consumer made wine products). Would I call the revenue deferred revenue or would I account for the revenue right away and the expense of the goods as well.

    Basically I'm asking for the best and most suitable journal entries.

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