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Forbes Hair Supply Inventory Report

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varaniqueadderley
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33 views4 pages

Forbes Hair Supply Inventory Report

Uploaded by

varaniqueadderley
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd

Forbes Hair Supply

Debit
Bought 40 Packs of Tops Hair 40", $160 INVENTORY

Merchandise Sales

Forbes Hair Supply Sold 13 packs of Tops 40" Hair CASH


Loss of Inventory COGS

Tops Hair

40
6.75
270
Purchase Per Count Total
Cost per pack $4.00 40 $160

Price per Pack $6.75 13 $87.75

COGS $4.00 13 $52.00


Bal. of Inventory $4.00 27 $108.00
First Entry
CASH
$ 2,000.00 160
Credit
CASH
Starting Bal.

INVENTORY
INCOME 160
INVENTORY

Second Entry Third Entry


CASH INVENTORY
$ 1,840.00 $ 160.00 $ 52.00 Count 27
$ 87.75

INCOME COGS
$ 87.75 $ 52.00
Forbes Hair Supply
Debit
Bought 40 Packs of Tops Hair 40", $160 INVENTORY

Merchandise Sales

Forbes Hair Supply Sold 13 packs of Tops 40" Hair CASH


Loss of Inventory COGS

Tops Hair

40
6.75
270
Purchase Per Count Total
Cost per pack $4.00 40 $160 (DIVIDE)
SOLD
Price per Pack $6.75 13 $87.75

COGS $4.00 13 $52.00


Bal. of Inventory $4.00 27 $108.00
First Entry
CASH
$ 2,000.00 160
Credit
CASH
Starting Bal.

INVENTORY
INCOME 160
INVENTORY

Second Entry Third Entry


CASH INVENTORY
$ 1,840.00 $ 160.00 $ 52.00 Count 27
$ 87.75

INCOME COGS
$ 87.75 $ 52.00

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