- Joined
- Jul 24, 2012
- Messages
- 5
- Reaction score
- 1
I should know the answer to this, but I want a second opinion. My company has ventured into selling plumbing and tile. We purchased display furniture for the consignment inventory (plumbing and tile samples in our showroom and in others). I need to know if I simply add the cost of the display furniture to the consignment inventory. Or, do I need to make those display cases an asset and depreciate them?
I hope my question makes sense. I appreciate your help.
I'm new here by the way. I am well versed in Peachtree Accounting so I will be glad to hang out here in the future to help others. I had no idea such forums existed! Good to know!
I hope my question makes sense. I appreciate your help.
I'm new here by the way. I am well versed in Peachtree Accounting so I will be glad to hang out here in the future to help others. I had no idea such forums existed! Good to know!