494B – Other – Purchase Discount

Parts And Accessories Department

Cost of Sales Synopsis

Account 494B

Debits

Credits

  1. Adjustments to previously recorded Other make parts purchase discounts.

 

  1. The amount of all trade and/or quantity discounts received for purchasing parts and/or accessories from other manufacturers.

 

Remarks:

The balance in this account reflects credits earned under other make parts allowance return programs, as applicable.