Accounting question

In this case, I assume the contract is negotiated, but no money is paid until My Company orders the discounted petrol and petrol is delivered.

My Company
Asset will decrease upon payment of the expenses.
Dr. Fuel expenses / Accrual (depending whether there is credit)
Cr. Bank / cash

Liability will increase if there is credit period. That means, when petrol is delivered but My Company has not yet paid. Accounting record will
Dr. Fuel expenses
Cr. Accrual.

Upon payment,
Dr. Accrual
Cr. Bank / Cash

Equity will have no change as the transaction has no relationship with share capital.

Revenue will have no change as it is expense.

Expense will increase upon purchase and receipt of petrol.



Tiger Shell
Asset will receipt upon receiving money.
Dr. Bank / Cash
Cr. Sales / Accounts Receivable (depending on whether there is credit)

Asset may also increase if credit is given
Dr. Accounts Receivable
Cr. Sales

Liability will have no change as there is no liability by Tiger Shell in a sales transaction.

Equity will have no change as the transaction has no relationship with share capital.

Revenue will have increase upon sales of petrol

Expense will have no change as it is a sales transaction.

MY COMPANY

ASSET INCREASE, LIABILITY INCREASE, EQUITY UNCHANGED, REVENUE UNCHANGE(IF PETROL USED FOR INCREASING PRODUCTIVITY, REVENUE INCREASE), EXPENSE INCREASE

TIGER COMPANY

ASSET INCREASE LIABLITY DECREASE EQUITY INCREASE , REVENUE INCREASE, EXPENSE INCREASE (DISCOUNT ALLOWED ONLY)