1 Pepsi sells $10,000 of syrup to a KFC franchise (paid immediately) (note: Ignore the inventory/COGS entry - focus on the sale) dr. cr. enter account name enter account name enter amount enter amount 2 Pepsi sells $20,000 of bottled Mtn Dew to a convenience store chain (on credit) (note: Ignore the inventory/COGS entry - focus on the sale) dr. cr. 3 The CEO of Pepsi earns a $2 million bonus in 2020 (to be paid in 2021) dr. cr. 4 Pepsi pays the CEO's $2 million bonus previously accrued dr. cr.