Let’s say that Meals on Wheels organization purchased groceries for $1,950 not for sale but to feed the hungry.
The organization will continue to buy groceries throughout the year.
Purchase:
Rice $1,000
Beans $500
Pasta $300
Oil $150
-------------
Total $1,950
Can someone please help?
Can some please tell me how to record these transactions?
Thank you
The organization will continue to buy groceries throughout the year.
Purchase:
Rice $1,000
Beans $500
Pasta $300
Oil $150
-------------
Total $1,950
Can someone please help?
Can some please tell me how to record these transactions?
Thank you