Account for Stock Asset

The 4 most basic Accounts that deal with stock assets are:

1. Purchase Account - purchase of additional goods
   
2. Sales Returns Account - goods sold being returned to the business
   
3. Sales Account - sale of goods
   
4. Purchase Return Account - goods returned to the supplier
   

(1) & (2) are used when stock increased.
(3) & (4) are used when stock decreased.