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Capri123
Level 1

Promotional items strictly purchased for promotion only and not re-sale. Are they an expense to the company?

I'm purchasing items for my showroom which are mainly for promotion and not re-sale. Things like cabinets and items to go in the cabinets that are for display only. Are these considered expenses for my company and how do I record the purchases?

Solved
Best answer December 12, 2018

Best Answers
Rustler
Level 15

Promotional items strictly purchased for promotion only and not re-sale. Are they an expense to the company?

the cabinets are most likely fixed assets, what goes in them is most likely an expense when purchased

View solution in original post

3 Comments
Rustler
Level 15

Promotional items strictly purchased for promotion only and not re-sale. Are they an expense to the company?

the cabinets are most likely fixed assets, what goes in them is most likely an expense when purchased

View solution in original post

cscalise
Level 1

Promotional items strictly purchased for promotion only and not re-sale. Are they an expense to the company?

Thank you. 

cscalise
Level 1

Promotional items strictly purchased for promotion only and not re-sale. Are they an expense to the company?

Thank you!

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