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Old 02-07-2016, 02:33 PM
Djeub Djeub is offline
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Posting Inventory Value to Balance Sheet

We are a 501(c)(3) nonprofit that purchases goods and then gives them away, as needed. We do not track our inventory; we do an inventory once a year. We would like to just make adjustments to the value of inventory at the end of each year. Where do I need to post the value of the inventory so that it will show up on our balance sheet? Is this a possibility?
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Old 02-08-2016, 06:58 AM
Rustler Rustler is offline
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Location: Texas - The Republic
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see your question in the other forum, I answered it there
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