E. Inventory 1. Receipt of Goods. Assets are increased by the value of the goods received, offsetting appropriate accounts payable entries. 2. Store Room Issue. ... Beverages, however, are merely transferred to a bar inventory and charged as expense only after they have been consumed. ... General Ledger Codes I. Balance Sheet A. Assets 01XX-19XX B. Liabilities 20XX-26XX C. Equity 27XX- 29XX II.
|Title||:||The Cornell hotel and restaurant administration quarterly|