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October 27, 2021
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SCH C

  • October 27, 2021
  • 1 reply
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where do I expense out the cost of manufacture for cds. Not all cd made were sold in the year manufactured

    Best answer by Critter-3

    If you manufacture CD's  for sale then that is part of your inventory costs  if you keep an inventory.

     

    If the business makes less than a million dollars a year then you can expense all of the inventory purchased or manufactured as supplies if you wish.  

    1 reply

    Critter-3
    Critter-3Answer
    October 27, 2021

    If you manufacture CD's  for sale then that is part of your inventory costs  if you keep an inventory.

     

    If the business makes less than a million dollars a year then you can expense all of the inventory purchased or manufactured as supplies if you wish.