Accounting




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General Accounting Discussions: Cost of Goods Sold or Supplies??

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    Hi!
    We have an excavation business and provide materials for many jobs. We do not carry an inventory but we buy and sell huge amounts of dirt for projects. Do I list these on my taxes as cost of goods sold or supplies? And, also the cost of dump trucks to deliver the dirt to the site which is charged to the customer through us. Where do I deduct that?

    Thanks!

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