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Farm Income Expense - Freight and Trucking

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Question
Farm Income Expense - Freight and Trucking

Answer

Do not include the cost of transportation incurred in purchasing livestock held for resale as freight paid. Instead, add these costs to the cost of the livestock, and deduct them when the livestock is sold.


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Article Details
Views: 242 Created on: Jun 15, 2013
Date updated: Sep 01, 2015

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