[GNC] Another "multi-account" logical issue - any advice on how to register this?
Boniforti Flavio
boniforti.f at gmail.com
Wed Oct 2 11:03:34 EDT 2024
Thanks.
I will continue looking it at this way.
F.
Chris Miller <cjm at tryx.org> schrieb am Mi., 2. Okt. 2024, 16:28:
> Hi Flavio,
>
> > I will think about whether I want to consider the shipping expense as
> part
> > of the value of the goods I bought or not. I understand the difference
> and
> > keeping shipping costs separated from the goods value looks correct to
> me.
> > However, I always considered shipping costs as part of the goods value. I
> > thought "I paid 220 for this guitar, even though 20 are for shipping, so
> to
> > me it's worth 220" (I know this is wrong, because shipping doesn't add
> > value to the goods).
>
> It is not wrong. Shipping does add to the value. The difference between
> potatoes in a field and potatoes in a store is basically shipping. You pay
> more for potatoes in a store because there is a cost to get them there.
>
> You paid $200 for the guitar and $20 for shipping. If you sold the guitar
> for $200, are you breaking even?
>
> The book value of an asset is the cost to acquire and deploy that asset.
> Shipping is clearly an acquisition or deployment cost.
> --
> Chris.
>
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