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Home > Business & Careers > Accounting   »   QB 2007 Inventory Adjustments

 
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Old Jan 1, 2008, 10:04 AM
stataire
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QB 2007 Inventory Adjustments

In QB 2007 when making inventory adjustments, you have to select an account to post it to. The help file says to create an account or create two accounts - one for losses and one for gains.
We just want to use one account, but is this an expense account - income account or inventory asset ????

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