With inventory, the item is coded to an asset, a cost of goods sold, and an income type account. As the items are purchased (on the items tab of a bill, check, credit card charge, etc) the inventory balance is increased for the quantity and cost of the item on the balance sheet.
WATCH: Celine Dion's Husband Rene Angelil Dies at 73. It looks a lot like RenÃ©, he had cancer of the throat, tongue and brain, Claudette said of her brother's condition. Our family is very experienced.. He is 59 years old, very young to be the end of life, she added.
Splash News. 1  The husband of CÃ©line Dion has been put to rest at the Notre-Dame-Des-Neiges Cemetery in Montreal. The National ENQUIRER has revealed how RenÃ© AngÃ©lil, who died on Jan. 14, 2016, has already been immortalized with an eternal handshake in Las Vegas. But this final resting place reunites Rene with his extensive family.