Accounting MascotAccounting Q&A

What is supply?
submitted by Demetrius A. Funkytown

rob_eats_rocks

In accounting, "supply" could refer to providing products to customer. In that case, it would be an increase in revenue.

I guess supply could also refer to a company's inventory as well.

jason

Supply in accounting is basically when a company provides products or services to customers. It's basically the stuff they sell, which helps the business make money. So, if a store sells shoes, those shoes are part of the supply.

Add your Answer.