Kebcoinc <k...@collectorsonlinemarket.com> writes:
> I just cannot remember.
> When I am entering a transaction for one of my vendors,
> I ordered some inventory,
> I want to increase the liability for this vendor
> What would I decrease to balance?
Your inventory asset account.
> I'm actually increasing my inventory and increasing my liability
Right. If you credit the vendor and debit inventory, it will "increase"
both (because a liability is a "negative" account).
> Thanks
> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.
-derek
--
Derek Atkins 617-623-3745
de...@ihtfp.com www.ihtfp.com
Computer and Internet Security Consultant
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