I am a beekeeper. Each year I buy new bees. sometimes they make it through the winter sometimes they dont. How do I expense them? are they an expense or a depriciable asset? If they are an expense what category? Cost of goods sold?
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1 Best answer
naztax
New Member
Oct 29, 2019 8:15:30 PM
Since they can possibly die during the winter, we recommend claiming them as supplies. Hope this helps.
1 Replies
naztax
New Member
Oct 29, 2019 8:15:30 PM
Since they can possibly die during the winter, we recommend claiming them as supplies. Hope this helps.