31 – Advertising Rebates New

Vehicle Selling Expenses

Synopsis

Account 31

Debits

Credits

  1. Adjustments to previously recorded credits in this account.

 

  1. Distributor/Factory/Ad Group co-op or other advertising rebates for any form of advertising.

 

Remarks:

Any form of rebates, specifically manufacturers rebates should be credited here and NOT netted against Account 19A or 19F – Advertising New and Advertising New Other.  This account should carry a credit (negative) balance.