Healthcare
Pharmacy Compounding (WIP to Finished)
Recording the internal labor and material costs to create a specialized chemotherapy IV bag.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Pharmacy Inventory (Finished Goods) | Asset (+) | 800.00 | - |
| Pharmacy Supplies (Raw Materials) | Asset (-) | - | 700.00 |
| Wages Payable (Pharmacist Labor) | Liability (+) | - | 100.00 |
💡 Accountant's Note
In-patient pharmacies are like tiny factories. They combine raw drugs and labor to create a finished 'product' for a specific patient.
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