Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Interior Design Reseller recording Floor Samples

kjtg789
Level 1

Where would a designer that sells nationwide record floor samples? She doesn't want to depreciate them. couldn't they just sit in Inventory undepreciated? She wanted to avoid depreciating them, but it doesn't seem they necessarily become worthless over time.

0 Cheers

This discussion has been locked. New comments cannot be posted on this discussion anymore. Start a new discussion

1 Comment 1
sjrcpa
Level 15

Inventory is never depreciated. But yes putting them in inventory and deducting the cost as they are sold is proper.


Ex-AllStar
0 Cheers