 |
|
 |
 |
|
|
Forum
-> Household Management
-> Finances
amother
|
 Sun, Oct 06 2024, 4:29 am
|
I have a store where I sell a certain retail product. If I take some of it for myself how do I record it? Do I actually just buy it and pay myself? (Do I need to pay sales tax)
| |
|
| Back to top |
 0
 0
|
amother
|
Sun, Oct 06 2024, 4:37 am
|
Owner's draw, partner's capital
| |
|
| Back to top |
0
0
|
amother
|
Sun, Oct 06 2024, 4:38 am
Ok let me be more clear. How do I record the transaction and record that there is less stock available because I took some
| |
|
| Back to top |
0
0
|
amother
|
Sun, Oct 06 2024, 5:26 am
| amother OP wrote: | | Ok let me be more clear. How do I record the transaction and record that there is less stock available because I took some |
Either reduce purchases against partners capital or increase sales against partners capital.
| |
|
| Back to top |
0
0
|
|
amother
SandyBrown
|
Sun, Oct 06 2024, 5:34 am
| amother OP wrote: | | Ok let me be more clear. How do I record the transaction and record that there is less stock available because I took some |
Record a sale with payment of $0.00?
| |
|
| Back to top |
0
3
|
amother
|
Sun, Oct 06 2024, 6:15 am
No, the value of the item. How much $ do you want to remove from inventory?
| |
|
| Back to top |
0
0
|
|
Imamother may earn commission when you use our links to make a purchase.
© 2024 Imamother.com - All rights reserved
|  |
 |
|
 |
|
|
