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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?

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Best answer 12-12-2018

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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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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

Highlighted
Level 1

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

Thank you. 

Highlighted
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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