On Sat, 3 Aug 2002 23:21, Steve Doerr wrote:
> I set one of these up on the KC demo under vendor Foo Enterprises,
> invoice 45898 posted 08/03/02 and added a journal entry to record one
> month's amort. expense for the table (straight line, 5yr life, no
> salvage value - 1,665/60 = 27.75/mth)


That computer is listed as "inventory." that's fine for goods you plan to 
sell, and it's even appropriate to depreciate it.

Probably I shouldn't have mentioned depreciation-) It's not an immediate 
concern. Getting my books current so I can get my GST rebate is.







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