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Get your taxes done using TurboTax
So when does the Inventory we started out with show up ?
Example started in Oct 2019 with $40,000 in inventory. From when we were a sole proprietorship.
Sold $7500 worth of goods with $4528 in purchases and $1946 in ending inventory. $2582 cost of goods.
David
‎July 11, 2020
12:24 PM