Differences
This shows you the differences between two versions of the page.
Both sides previous revision Previous revision | Last revision Both sides next revision | ||
using_average_costing_with_inventory [2019/08/08 16:53] admin |
using_average_costing_with_inventory [2019/08/08 16:55] admin |
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Line 35: | Line 35: | ||
|Account||Debit||Credit||Part||Quantity||Bill|| | |Account||Debit||Credit||Part||Quantity||Bill|| | ||
- | |Widget inventory Asset||> $ 360.00|| | + | |Widget inventory Asset|| $ 360.00|| |
- | |Accounts Payable|| | + | |Accounts Payable|| |
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Line 47: | Line 47: | ||
|Account||Debit||Credit||Part||Quantity||Bill|| | |Account||Debit||Credit||Part||Quantity||Bill|| | ||
- | |Widget inventory Asset||> $ 330.00|| | + | |Widget inventory Asset|| $ 330.00|| |
- | |inventory Adjustments||> $ 30.00|| | + | |inventory Adjustments|| $ 30.00|| |
- | |Accounts Payable|| | + | |Accounts Payable|| |
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Line 61: | Line 61: | ||
|Account||Debit||Credit||Part||Quantity||Bill|| | |Account||Debit||Credit||Part||Quantity||Bill|| | ||
- | |inventory Adjustments||> $ 1.50|| | + | |inventory Adjustments|| $ 1.50|| |
- | |Widget inventory Asset||> ||> $ 1.50||Widget|| | + | |Widget inventory Asset|| |
- | |Widget inventory Asset||> $ 360.00|| | + | |Widget inventory Asset|| $ 360.00|| |
- | |Accounts Payable|| | + | |Accounts Payable|| |
Note that after this purchase there will be 285 widgets in inventory at a value of $1.20 each. | Note that after this purchase there will be 285 widgets in inventory at a value of $1.20 each. | ||