If the advance payment is determined to be payment for goods, then it depends on whether an invoice has been issued to the other party. Once an invoice or receipt is issued, the other party will not issue an invoice and it will be treated as income. Regardless of whether the other party wants to issue an invoice or not, it depends on the nature of the payment. All income should be placed in advance accounts, unless you still want to do something.

Debit: 12,000 from bank or cash

Credit: 12,000 from sales revenue

If the other party wants to issue an invoice in the future and has not yet done so, do the following:

Credit: Accounts received in advance - a company's mold payment 12,000

Interim recovery: Debit: bank or cash 20,000

Credit: Accounts received in advance or sales revenue 20,000

Collect the balance: Debit: bank or cash 18,000

Credit: advance payment or sales revenue 18,000

If no invoice has been issued before:

Debit: Accounts received in advance 50,000

Credit: Sales revenue 50,000

Usually when carrying forward sales revenue, costs are carried forward accordingly,

Debit: Sales Cost

Credit: production cost or inventory goods

Do not transfer if there is no carryover income