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?
Since they can possibly die during the winter, we recommend claiming them as supplies. Hope this helps.
Since they can possibly die during the winter, we recommend claiming them as supplies. Hope this helps.
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