This is an accounting/bookkeeping forum. The originator of this thread had specific questions in regards to bookkeeping, not network marketing.
My question is, do I need to bother using an inventory account since inventory is not generally maintainted as a part of their business? Can I simply book the cost of the item sold at Retail as a Cost of Goods Sold? I am also assuming that I'm allowed to book the samples purchased as an ordinary expense of the business, and do not need to include that in inventory. Please let me know if I am off base.
This specific forum is about asking accounting and bookkeeping questions. If you are going to post in this specific forum, will you please address the specific questions being asked, or ask your own questions/comments regarding accounting/bookkeeping? We get spam out the ears daily. This may have been innocent, so I am just trying to caution you against violating the forum guidelines.