When you record the $100 sales record it to ticket sales income and then accounts receivable Square. When you get $97 from Square apply it to the Square receiva...
The effect on your profits is the same either way. Cost of goods sold is usually for costs/expenses directly related to sales so this is probably best in your s...
You can show the 27k as stock purchase in the equity section. You can also show the 118k the same way, but I would recommend you show the 118k as a lone from sh...
