Ask Allan Forum

Get expert answers to your tax questions straight from Allan, our owner and experienced CPA. It’s free, direct, and designed to help you make the best decisions when it comes to your taxes.

Bought business car...
 
Notifications
Clear all

Bought business cards from wholesale printer for resale to client, which account type is this ?

2 Posts
2 Users
0 Reactions
2 Views
Posts: 0
(@Anonymous)
Joined: 1 second ago
[#243]

Good day all ,
I bought 1000 Bought Business Cards From Wholesale Printer For Resale To a Client a slightly higher price.
How can i record this sale? will the money paid to buy the business card go under inventory ? or something else?
Thanks
Best


1 Reply
Posts: 663
(@dexter)
Joined: 3 months ago

Any unsold business cards that you purchased for resale should be recorded to the Inventory Account (asset).


Reply
Share: