Skip to main content
June 6, 2019
Question

I have a venting machine. For my additional income line, do I just put the total sales of that machine, or the total sales minus the purchased goods?

  • June 6, 2019
  • 1 reply
  • 0 views
No text available

1 reply

Carl11_2
Employee
June 6, 2019

ALL business income is reported as such. Every single penny of it. You'll deal with what you paid for the products/inventory you sold, in the Cost Of Goods Sold (COGS) section, when you get to it.