The hotel group Ardena acquires on credit a licence for booking software at a price of 60,000; the vendor grants a rebate of 3,000, deducted from the invoice. The salaries still owed to Ardena's IT staff who configured the software before it went live amount to 7,000. Record the initial recognition entry.
- Licence price before rebate
- 60,000
- Rebate deducted from the invoice
- 3,000
- Configuration salaries still owed
- 7,000