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June 6, 2019
Question

Value of inventory

  • June 6, 2019
  • 1 reply
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When reporting the value of my inventory on a direct sales business, do I do wholesale value or market value?

1 reply

VEpling2
Employee
June 6, 2019

Inventory is valued at the price you paid for it.  This amount should include your purchase price, shipping, taxes, and any other fees paid as part of the purchase.