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Q: You are aware that another coworker is having severe financial problems. She is a single parent and you saw her take some supplies for her child from the extra inventory. What do you think you should?
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What are Problems of manual inventory systems?

Manuel inventory systems are used with no technology and inventory is physically counted. The problems with this type of system include that they are time consuming, counts can be off and cost the company money, and ordering supplies can be off if the inventory is not done correctly.


What is hospital inventory?

hospital inventory consists of medical supplies, surgical supplies and lab and radiology items stocked by the hospital stores. The inventory module is integrated with all financial modules such as Accounts Payable, Accounts Receivable and General Ledger as well as relevant Hospital Information System (HIS) modules such as Nursing stations, Medical Departments, OR and pharmacy.


What will be the journal entry for supplies issued?

Debit supplies expensesCredit supplies inventory


Journal entry for supplies used?

Debit supplies expensesCredit supplies inventory


What would be the journal entry for supplies used?

debit supplies expensecredit supplies inventory


What is the journal entry for cost of supplies used?

debit supplies expensecredit supplies inventory


What is the journal entry of supplies used?

[Debit] Supplies expenses [Credit] Supplies Inventory


What is manufacturing supplies inventory?

manufacturing supplies is equal to factory overhead


What would be the journal entry for supplies that have been used?

Debit supplies expenseCredit supplies inventory


Journal entry supplies used 200?

debit supplies expenses 200credit supplies inventory 200


What does the acid test ratio not include cash or accounts receivable or supplies or inventory?

inventory


Cruz used 6000 worth of supplies what is the journal entry?

debit supplies expenses 600credit supplies inventory 600