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I'm in metal fabrication and received a recycling check for defective material we recycled. Would it be correct to make it a credit to COGS as opposed to a sale?
Thanks in advance!
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Either create an income account called recycle or use Other Income, I would use Other Income my self
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Ahh that makes sense. Thanks for the reply and input, I really appreciate it.
Glad you got this worked out, @PellMell.
Please don't hesitate to reach out with any other questions you may have!