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The cost of your inventory will be all costs associated with the purchase of your inventory including shipping and any sales taxes you paid on the purchase of the inventory items.
If you bought an item for resale and it went directly from the wholesales company to the customer, you would still include that item as part of your cost of inventory (even if you never had any physical possession of the item).
The cost of your inventory will be all costs associated with the purchase of your inventory including shipping and any sales taxes you paid on the purchase of the inventory items.
If you bought an item for resale and it went directly from the wholesales company to the customer, you would still include that item as part of your cost of inventory (even if you never had any physical possession of the item).
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