Skip to main content
April 10, 2024
Question

Regarding Inventory for LLC

  • April 10, 2024
  • 1 reply
  • 0 views

Hi everyone!

 

Where do I put the expense of Inventory I purchased for my retail shop?

 

thanks for your help!!

1 reply

April 10, 2024

The purchased inventory will appear as Beginning inventory of your business, and will be counted in your COGS (Cost of Goods Sold).

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"