Now lets go to the action,dont kill any ghost, just head to the end of the river,when sorrow touch you, your life will fall, when youre dieing , old L2 and wait in the screen that says 'continue - quit ' , will appear your equipment list and choose 'revival pill'. . .have fun ;)
DEFINITION of 'Ending Inventory'. The value of goods available for sale at the end of the accounting period. The ending inventory is recorded as the lower of the cost of the inventory or the market value of the inventory. Assuming no write-downs, the ending inventory can be found by starting with the beginning inventory, adding purchases and subtracting the cost of goods sold. Next Up.
The Inventory Equation. When you write down or write off inventory, you reduce the value of ending inventory for the period. The inventory equation states that the cost of goods sold, or COGS, equals the beginning inventory plus purchases minus ending inventory. Write-downs therefore raise COGS, which has the effect of lowering gross profits and taxable income. To record the write-down without using an inventory reserve, debit COGS for the loss and credit inventory by the same amount.