You'll need to sign in or create an account to connect with an expert.
That is the cost of the inventory you had on hand at the end of the year.
You need to count your inventory in dollar amounts. If you still had on hand 10 dresses that you purchased for $100 each, you would include $1000.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
magarian
Level 1
martis880
Level 1
marie2023
Returning Member
likong88
Level 1
HeatherPalmer
Level 1