banner_ad

urgent plz suggest - accounts query

This query is : Resolved 

17 February 2012 The partnership firm has started trading of T-shirts online and T-shirts are manufactured and printed by our vendor but all three partners took 5 T-shirts each for them for promoting that brand while they will wear that. so under what head and what is the accounting treatment for these T-shirts?

Thanks

17 February 2012 You can treat them as drawings or as business promotion.

Profile Image

Guest

Profile Image

Guest (Expert)
02 March 2012 Charge them under business promotion or advertisement exp.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details