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: 459 Answers: 1 Posted: 10 years ago
    Ducky

    Moderator
    What exactly is the accounting problem?
    Commented 10 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. 

      10 years ago. Rating: 3
      Comment this answer



        Did this answer your question? If not, then ask a new question.
        Related Questions In This Category
        WIN777
        Answers: 0 | Views: 3 | Rating: 0 | Posted: 8 hours ago

        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

        ManClub web
        Answers: 0 Views: 9 Rating: 0
        ManClub web
        Answers: 0 Views: 3 Rating: 0
        7ball
        Answers: 0 Views: 11 Rating: 0
        7ball
        Answers: 0 Views: 7 Rating: 0
        abd
        Answers: 0 Views: 8 Rating: 0
        ku19dev
        Answers: 0 Views: 7 Rating: 0
        55win55info
        Answers: 0 Views: 11 Rating: 0
        Trải nghiệm cá cược đỉnh cao cùng Win79 - Nhà cái lô đề miền Bắc uy tín hàng đầu
        Answers: 0 Views: 11 Rating: 0
        > More questions...
        452431
        questions
        719770
        answers
        754705
        users