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how to put this info on schedule c Sally Chardon (Schedule C) Sally Chardon owns a flower shop. She is self-employed. Her flower shop advertises
how to put this info on schedule c
Sally Chardon (Schedule C) Sally Chardon owns a flower shop. She is self-employed. Her flower shop advertises under the name "Basket full of Posies" and is located at 124 Anywhere Street, Farmersville, TX 75442. Sally has an EIN 45-1234567. Look up her principal business classification and code on irs.gov, Form Schedule C Instructions. Sally works alone and has no one for which she is required to file forms 1099. Cash Basis Income and Expenses: Gross receipts $ 75,000 Sales discounts 250 Beginning inventory of flowers 2,225 Ending inventory of flowers 750 Purciyases of flowers during 2019 18,500 Advertising 1,200 Depreciation (Depreciation will be calculated for her store equipment in Chapter 10) Insurance 450 Professional fees 750 Office expenses 425 Repairs and Maintenance 335 Supplies 1,315 Licenses 25 Utilities 780 Other Expenses: Amortization of flower shop franchise 1,250 Step by Step Solution
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