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by eviks
804 days ago
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you don't need to record the halves, nothing stops your pizza order to be automatically recordered as -A_cash +A_inventory -A_inventory + L_expenses Sure, if your pizza is frozen and consumed in another period, your books will not reflect reality, but so what, when talking about the very basics of accounting you offset that misrepresentation of a simple example by gaining an important pedagogic benefit! Which one, though? What do you gain by denying that pizza is an asset, going so far as calling recognition of an asset as an asset a fraud (but only in extreme cases of 5 pizzas!) and bringing depreciation/core business in? |
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