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Cost Of Goods Sold

 
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2 Replies

Cost Of Goods Sold

COGS

I have a food trailer that I take to various events.

Question

Is Propane for the friers, gasoline for the generator and event fees COGS?

TY

ThomasM125
Expert Alumni

Cost Of Goods Sold

No, they would be considered overhead expenses, so you need to list them separately as Other Miscellaneous Expenses. You will see an option for that at the bottom on the list when you enter your business expenses.

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