New business owner and trying to figure out how to account for some details
Complimentary coffee (machine and materials) for customers and staff
also - we bought a business and they had no idea how much was outstanding for gift cards - we accepted up to $500 in debt for this (the rest will be subtracted at closing)
As these come in - - do they go under a goodwill category - -or some form of debt?
Thanks for your help