After doing a physical inventory of supplies, I need to adust a few supply items. Please discuss the effects of adjusting inventory versus allocating inputs.
Also, earlier in the year, I split a field that had wheat harvested from it. I can't recall if the enterprise was closed at the time or not. Currently, on my accrural reports, I have a Beg. vs. End Wheat Crop of a positive figure. Can you explain what this is, and should I leave it as is, or is there a journal entry I should make?