Inventory with inspection rejected

Process Interface to GL
1) Release receiving document, 500 @ 3.00 = 1,500 IC130
2) Reject 2 @ 3.00 = 6.00 Accept 498 @ 3.00 = 1494 IC130
The Reject Options selected are: Claim Type = Chargeback, Replacement PO = No. When the inspection document is released the application creates a return.
3) Authorize and ship vendor return
3a) debit Returns Suspense and credit Inspection Hold IC130
3b) debit AP Accrual and credit Returns Suspense AP175
4) Match invoice AP175
5) Pay invoices (both charge invoice and chargeback) AP170
debit Inspect Hold credit debit PO Accrual credit
1) 1500 2) 1494 4) 1500 1) 1500
3a) 6
debit Inventory credit debit Rtrns Susp credit
2) 1494 3a) 6 3b) 6
debit AP Accrual credit debit Cash credit
3b) 6 4) 1500 5) 1494
5) 1494

Net Effect

debit Inventory credit debit Cash credit
1494 1494