Today, in terms of associating enamel with latex, such as a latex flat enamel, it would indicate an increased level of durability. Consider the presence of enamel as promoting a relative degree of hardness: For instance, a latex flat enamel would produce a harder film than regular latex. The benefits of using an enamel paint include: Scrubbability - the ability to more easily clean difficult stains off walls.
Liquidation value. Liquidation value is the likely price of an asset when it is allowed insufficient time to sell on the open market, thereby reducing its exposure to potential buyers. Liquidation value is typically lower than fair market value.
recorded in Inventory rather than in separate accounts. 3 Cost of goods sold is recognized for each sale by debiting the account, Cost of Goods Sold, and crediting Inventory. 4 Inventory is a control account that is supported by a subsidiary ledger of indi-vidual inventory records. The subsidiary records show the quantity and cost of each type of inventory on hand. The perpetual inventory system provides a continuous record of the balances in both