Debit: bank deposit

Credit: accounts received in advance

1. Pre-sale of goods is a sales method in which the buyer pays in installments according to the contract or agreement before receiving the goods, and the seller delivers the goods after receiving the final payment.

2. Under the prepayment sales mode, the seller delivers the goods to the buyer only after receiving the final payment, indicating that the main risks and rewards of the ownership of the goods are transferred to the buyer only after receiving the final payment. The seller should usually confirm the income when sending out the goods, and the payment received in advance before this should be confirmed as advance payment.