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inventory account N ECON

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Sales projection determines the inventory, and the available inventory accounts for the sales made; it's a self-feeding cycle of sorts. www.thehindu.com

For example, the inventory account asset account might be changed to bring them into line with the actual numbers counted during a stock take. en.wikipedia.org

The cash and inventory accounts are asset accounts; the revenue and expense accounts will close at the end of the accounting period to affect equity. en.wikipedia.org

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