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

[Coleen3 · Accepted solution]

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.

[pmariecastro]

Would this cost include taxes paid on items?

[Coleen3]

Yes.