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Capri123
Level 2

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

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3 Comments 3
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

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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