How to record an accounting entry for voucher promotion?

  • Thread starter Thread starter Ryan
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Ryan

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My company plan to launch a promotions by giving out voucher worth $800 if the customer make a purchase of $1000. If the customer come back and use the voucher and purchase of $800, how should i record it?

a) record $800 as expenses? but it doesn't really make sense as my product cost only about 15% of it.
b) just record $0 sales but deduct from closing stock?

I am bind by Malaysia Accounting Standard and IAS.

Thanks in Advance
 
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