When posting year end accruals in Accrued Expenses account, what is the best way to record a vendor credit.

Need help setting up the Journal Entry

1. Waiting to receive &pay vendor invoice of $50K for service

2. waiting to receive & pay vendor invoice of $15K for software

3. Need to apply a vendor credit of $30K for consulting (which would reduce expense liability)

write the information you found for the company current condition using (bullet point and notes) Company name Definition Current Condition Course of Action Evaluation Conclusion Reference List Aviva 1