54868 - Goods shipped: -7680 -19008 -37636 -67067 ...-223476 - Expenses Paid: 0 -11260 -10300 -14567 ... -52830 = Closing A/P Bal: 30268 47936 81634 118617 ... 278344 There is only one other important ...

As described above, inventory is the catch-all line on the balance sheet where a company includes the value of all assets that are either finished goods for sale, the parts and raw materials it ...