<prompt> Translate the following text to EnglishMETHOD ya ununuzi - Njia ya uhasibu wa bidhaa, kama vile vifaa na vifaa, ambapo gharama ya ununuzi ni kutambuliwa kama gharama juu ya ununuzi wa bidhaa badala ya juu ya matumizi yao.  <response>: PURCHASES METHOD -A method of accounting for goods, such as materials and supplies, in which the acquisition cost is recognized as an expense upon purchase of the goods rather than upon their use. 