Bookkeeping Entries for Inventory Transactions
If your business manufactures products instead of offering services, you'll need to keep accounting records of your inventory transactions. Some companies buy finished goods at wholesale prices and resell them at retail. Others manufacture products.
Original Article Source Credits: The Balance Small Business , https://www.thebalancesmb.com/
Article Written By: ROSEMARY CARLSON
Original Article Posted on: January 04, 2021
Link to Original Article: https://www.thebalancesmb.com/example-of-a-bookkeeping-entry-for-inventory-transactions-392923