With inventory, the item is coded to an asset, a cost of goods sold, and an income type account. As the items are purchased (on the items tab of a bill, check, credit card charge, etc) the inventory balance is increased for the quantity and cost of the item on the balance sheet.
WATCH: Celine Dion's Husband Rene Angelil Dies at 73. It looks a lot like RenÃ©, he had cancer of the throat, tongue and brain, Claudette said of her brother's condition. Our family is very experienced.. He is 59 years old, very young to be the end of life, she added.
Patrick Swayze's Pancreatic Cancer. Although Swayze's pancreatic cancer was at stage IV when it was diagnosed in March 2008, he continued working on his television series, The Beast, completing all 13 episodes without the help of pain medications. He opened up about his ordeal in a moving interview with Barbara Walters that aired in January.