jkcorbin
Oct 16, 2007, 04:50 PM
How do we make adjustments to the inventory for owners use of inventory and giving out free samples?
Lorsung23647
Oct 16, 2007, 05:17 PM
Owners use of inventory is a debit to owners' drawing and a credit to the supplies/inventory, whichever you're using... Free samples would be credit to supplies/inventory and a debit to miscellaneous expense, if I remember right.