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Recent content by midwaykid

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  1. M

    Accrual Based Accounting - Inventory PO question

    Thanks for your reply, since i have inventory don't i need to use the accrual method?
  2. M

    Accrual Based Accounting - Inventory PO question

    What is the name of your state? California I'm an online seller of merchandise I purchase from China and sell online . When trying to figure out my COGS do I input the expense of the purchases when I receive the invoice from my supplier or when I actually pay it and receive the merchandise...

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