When the price of the goods sold is refunded, the business department should fill in the "Sales Correction Form", calculate the payable or receivable amount, and send it to the accounting department as the basis for refund or collection. Generally speaking, the price of sales refund only involves the sales price of the original goods, but not the quantity of the goods, so it is only necessary to adjust the subject of "commodity sales income" in accounting, which has nothing to do with the subjects of "inventory goods" and "commodity sales cost".

Accounting entries:

(1) is the sales behavior this year.

(1) When the price is refunded:

Debit (Less): Revenue from commodity sales.

Credit (less): bank deposit.

(2) When the premium occurs:

Debit (increase): accounts receivable

Credit (increase): income from commodity sales.

(3) When receiving the transfer payment:

Debit (increase): bank deposit

Credit (less): accounts receivable.

(2) It belongs to the sales behavior of the previous year.

In order not to affect the financial performance of this year, the refund price does not offset the sales income of goods, but is charged as non-operating income and expenditure. The accounting entries are:

(1) When the price is refunded:

Borrow (increase): non-operating expenses

Credit (less): bank deposit.

(2) When the premium occurs:

Debit (increase): bank deposit

Loan (increase): non-operating income