What is the basic Journal Entry for Cost of Good Sold and Investment/Stock & Bond?

What is the JE for COGS and Stock and Bonds Investment?

Very basic JE

Debit: Cash 10000
Credit: Sales 10000
Debit: COGS 5000
Credit: Inventory 5000

Debit: Investment 50000
Credit: Cash 50000

cost of good sold isn't a journal entry. it is the result of:

opening inventory (you have to do a count)
PLUS purchases during the year
MINUS closing inventory (you have to do a count)

this neglects things like theft or 'shrinkage' and 'returns from customers' but it gives you the basic idea

Tags

　　Business Investment 　　Business financing 　　Business Invest 　　Business Debt 　　Bond Investment 　　Angel Funds 　　Alternative Investment

Related information

What is stock? bond? investment?

stock is an ownership interest. lets say there are 100 shares so 1 share is equal to 1% ownership in the company. ppl will pay more or less for that 1% ownership depending upon the market, and wh...

Bond Investment? Please read...?

Dude - do your own homework!

...

Could investing in people's loans on prosper.com be considered a bond? IF not what kind of investment is it?

Bonds are written by big corporations and government who hold a lot of accountability for their actions. To me, investing in in people's loans thru a web site seems like a formalized IOU. I ...

I'm 18 and would like to know whether a government bond or a company bond would be a wiser investment.?

Both would be bad for you. That is an investment for an institution. At 18, you should open an IRA and invest in mutual funds. Over long periods of time, stocks always beat bonds. And you hav...

Corperate bond, what happends to your investment if the company is bought?

Its depend on the terms and conditions attached to the bond. Bond is nothing but a loan to the company, so you are the creditor of the company. The bond deed (or Constitution, articles, Instrument...

Which is a better investment, an I bond or an EE bond?

I bond

...

Do you add the year to date return plus the yield to get the total return on investment on a bond mutual fund?

Yes you do. The total return is comprised of the income provided by the investment (dividends and interest) and the capital appreciation (unrealized or paper gains). This gives you a picture of h...

Which one is the best investment? Gold, Bond, Share,...?

Saving in a bank or building society has little risk and also little reward, compared to the more riskier investements like Bonds, shares and funds. Gold on the other hand has seen a very steady cl...