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A logbook (or log book) is a record used to record states, events, or conditions applicable to complex machines or the personnel who operate them.Logbooks are commonly associated with the operation of aircraft, nuclear plants, particle accelerators, and ships (among other applications).
A bill of sale has been defined as a legal document made by the seller to a purchaser, reporting that on a specific date at a specific locality and for a particular sum of money or other value received, the seller sold to the purchaser a specific item of personal property or parcel of real property of which he had lawful possession.
Sending, or to send, is the action of conveying or directing something or someone to another physical, virtual, or conceptual location for a specific purpose. The initiator of the action of sending is the sender .
General Journal - Sales discount example Date Description of entry Debit Credit 9-1 Accounts Receivable (Customer A) 500.00 Sales 500.00 Merchandise sale on account, terms 2/10, n/30. 9-7 Cash 490.00 Sales Discounts 10.00 Accounts Receivable (Customer A) 500.00 A/R paid by Customer A, taking a 2% discount.
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Example: A sales account is opened for recording the sales of goods or services and at the end of the financial period the total sales are transferred to the revenue statement account (Profit and Loss Account or Income and Expenditure Account).
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