close
    1. Home
      2. ›
    2. Politics & Government
      3. ›
    3. Law & Ethics
      4. ›
    4. fanancial accounting problems
    fanancial accounting problems

    purchase inventory for cash


     

    Answer this
    0  Views: 587 Answers: 1 Posted: 12 years ago
    Ducky

    Moderator
    What exactly is the accounting problem?
    Commented 12 years ago
    Comment this question

      1 Answer

      "Purchase inventory for cash".   How is this a financial accounting problem? 
      Your inventory account is debited. Your cash account is credited.  Fairly simple. 

      12 years ago. Rating: 3
      Comment this answer



        Did this answer your question? If not, then ask a new question.

        Top contributors in Law & Ethics category

         
        ROMOS
        Answers: 163 / Questions: 0
        Karma: 10440
         
        Colleen
        Answers: 312 / Questions: 0
        Karma: 8825
         
        Benthere
        Answers: 10 / Questions: 0
        Karma: 8505
         
        jhharlan
        Answers: 114 / Questions: 0
        Karma: 6735
        > Top contributors chart

        Unanswered Questions

        WE88
        Answers: 0 Views: 16 Rating: 0
        WE88
        Answers: 0 Views: 15 Rating: 0
        сайт продвижение
        Answers: 0 Views: 17 Rating: 0
        brpgapporg
        Answers: 0 Views: 19 Rating: 0
        Open8889com
        Answers: 0 Views: 27 Rating: 0
        DEBET
        Answers: 0 Views: 28 Rating: 0
        Что удивляет вас в игровом сообществе?
        Answers: 0 Views: 22 Rating: 0
        bg77gamesorg
        Answers: 0 Views: 23 Rating: 0
        > More questions...
        536203
        questions
        769797
        answers
        886992
        users