VMan
Distinguished Member
- Joined
- Feb 26, 2003
- Messages
- 4,996
- Reaction score
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I'm buying out a good chunk of inventory from a store, and the seller will only take cash - no checks, etc.
Can I record/document this transaction in the books w/o raising red flags if I'm audited down the road? It's a decent amt of money that I'd like to be able to write off.
Can I record/document this transaction in the books w/o raising red flags if I'm audited down the road? It's a decent amt of money that I'd like to be able to write off.