Solved: Is cost of goods all the items I purchased from the company( Paparazzi Accessories- resale jewlery) during the whole year?
Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
TurboTax has you covered during Covid. Get the latest second stimulus info here.
cancel
Showing results for 
Search instead for 
Did you mean: 
New Member

Is cost of goods all the items I purchased from the company( Paparazzi Accessories- resale jewlery) during the whole year?

 
1 Best answer

Accepted Solutions
Intuit Alumni

Is cost of goods all the items I purchased from the company( Paparazzi Accessories- resale jewlery) during the whole year?

Yes. If you purchased something for resale, that would be your COGS. If you took any items out for personal use, you will need to subtract that amount.

View solution in original post

3 Replies
Intuit Alumni

Is cost of goods all the items I purchased from the company( Paparazzi Accessories- resale jewlery) during the whole year?

Yes. If you purchased something for resale, that would be your COGS. If you took any items out for personal use, you will need to subtract that amount.

View solution in original post

New Member

Is cost of goods all the items I purchased from the company( Paparazzi Accessories- resale jewlery) during the whole year?

Would this cost include taxes paid on items?
Intuit Alumni

Is cost of goods all the items I purchased from the company( Paparazzi Accessories- resale jewlery) during the whole year?

Yes.
Dynamic Ads
v
Privacy Settings