it depends. You can use an amount as an expense after you withdraw any amounts for personal use. Any items you give away would be withdrawn for personal use. In other words, you must track what you do with the inventory until you completely dispose of it, either as a sale or junked, or given away for personal use. Any amount given away is not a business expense.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
