Bought business cards from wholesale printer for resale to client, which account type is this ?

Question

2097 viewsFebruary 8, 2019Accounting

0

Anonymous Posted February 7, 2019

Good day all ,
I bought 1000 Bought Business Cards From Wholesale Printer For Resale To a Client a slightly higher price.
How can i record this sale? will the money paid to buy the business card go under inventory ? or something else?
Thanks
Best

1 Answer

score 0 · Answer 1 · 2019-02-08T16:17:02+00:00

Any unsold business cards that you purchased for resale should be recorded to the Inventory Account (asset).

Bought business cards from wholesale printer for resale to client, which account type is this ?

1 Answer

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