So say I have $30,000 in tickets purchased in 2016 but sold in 2017..And I have $50,000 in tickets that were purchased in 2016 and sold in 2016..would my purcha...
I'm sorry for keep bothering you on this and you are helping a lot but I just want to make it clear that there are no unsold tickets..all tickets sold and bough...
The tickets are all sold but they were sold in 2017 and bought in 2016, so that is what we were unsure of if we should put them as inventory and include The cos...
We are filing as a partnership, so we just need to know where to report the purchased tickets..will they be included in COGS, ending inventory, and as assets? S...