If you already have an entry for office supplies in your asset column, add the cost of the new purchases to the existing total. Step 2: Perform Periodic Inventory Checks ...

Traditional office supplies such as writing supplies, pens, pencils, highlighters, paper, ink and organization supplies like folders, file boxes or paper clips are still very popular in the ...

Office supplies are typically prepaid expenses. Even though you pay for them when you buy them, you use them up gradually. When you use an accrual accounting system, the month in which you first ...