433 – Used Wholesale

Used Vehicle Department

Sales Synopsis

Account 433

Debits

Credits

 

  1. The current inventory value of used vehicles wholesaled.

633 – Used Wholesale

Used Vehicle Department

Cost of Sales Synopsis

Account 633

Debits

Credits

  1. The net sales price of used vehicles sold at wholesale.

 

 

 

Remarks:

All sales and cost data should be recorded on the vehicle inventory record, at the time of sale.

Unusual or repeated losses on Wholesale vehicles should be monitored and brought to the attention of the Dealer Principal.

Note: