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I am a marykay consultant . What do I put in the box for report the value of your inventory. Do I put what I would sell it for with tax or do I put what I paid for it?

 
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1 Reply
pk
Level 15
Level 15

I am a marykay consultant . What do I put in the box for report the value of your inventory. Do I put what I would sell it for with tax or do I put what I paid for it?

Cost of Goods Sold computation -- you use "your cost" for the inventory --- this is also your basis in the inventory.

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