Xendoo vs. Bench: Comparing Online Bookkeeping Services for Small Business Owners
xendoo
JULY 26, 2021
For this example, we are going to assume that you have decided to purchase $2,000 worth of inventory for your business. This purchase is going to be made with cash out of the business account. . The debit is going to be placed in the inventory account because it is being increased (you have added to your inventory).
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