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.
A Beautiful Love: Celine Dion and RenÃ© AngÃ©lil Through the Years. There's no way you won't be touched by their sweet life together. It's rare in the entertainment world to see a couple so devoted to each other. But Dion and AngÃ©lil, who passed away January 14, proved that this kind of love is not only possible â but can also be lasting. They met when she was only 12 and he was 38. And after years of building her career and a life together, the singer stayed by her husband of 21 years' side throughout his final battle with cancer.