Chart of AccountsPreview

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Capital Gains on the Disposal of Intangible Assets
+ Positive
Expenses
Cost of Goods Sold

Opening Inventory

<p>In the case where you want to represent opening & closing inventory values in the Cost of Goods sector. Opening Inventory will be a credit.</p>

Parents

Cost of Goods Sold

Children

Inventory at Cost
Inventory at Current Replacement Value
Inventory at Net Realisable Value

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