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June 6, 2019
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Is cost of goods all the items I purchased from the company( Paparazzi Accessories- resale jewlery) during the whole year?

  • June 6, 2019
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Best answer by Coleen3

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.

1 reply

Coleen3Answer
Employee
June 6, 2019

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.

June 6, 2019
Would this cost include taxes paid on items?