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Message: <blockquote data-quote="Thor2014" data-source="post: 25506982" data-attributes="member: 495096"><p><strong>purchase items action <strong>--> Journal Entry</strong></strong></p><p>debit: inventory [1000 rupees worth asset]</p><p>credit: My personal account [liability] [1000 rupees] <span style="color: rgb(226, 80, 65)"><strong>Meka Hari</strong></span></p><p></p><p><strong>making final product from inventory --> Expense Entry</strong></p><p>Expense from Inventory [1000 rupees worth asset] <span style="color: rgb(226, 80, 65)"><strong>methanadi Inventory Credit wela Cost of good Sold (Expenses account ) Debit wenawa</strong></span></p><p></p><p><strong>Selling final Product --> Income Entry</strong></p><p>Income [1500 rupees]   <span style="color: rgb(226, 80, 65)"><strong>Meketh Income Credit wela Bank eka Debit wenawa</strong></span></p><p></p><p><strong>Settling my debt --> Journal Entry</strong></p><p>Credit: Company bank account [1000 rupees]</p><p>Debit: My personal account [1000 rupees] <span style="color: rgb(235, 107, 86)"><strong>mekath Hari</strong></span></p></blockquote><p></p>

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