Clarification on Inventory
This query is : Resolved
20 November 2025
Dear Sir, we have purchased Gold Coins for reimburse against Sales promotion. My doubt is that whether we can show them in Inventory or booked in Sales Promotion expenses.
Sir, Thank you for immediate reply and though they are not for immediate reimbursement how can we show them in Inventory as Inventory means which the goods we trade and gold coins we are not trading.
can we maintain seperate data for them for disbursement?
Sir, Thank you for immediate reply and though they are not for immediate reimbursement how can we show them in Inventory as Inventory means which the goods we trade and gold coins we are not trading.
can we maintain seperate data for them for disbursement?
20 November 2025
If the gold coins are meant for immediate distribution:
Book as Sales Promotion Expenses under the Profit & Loss Account.
Book as Sales Promotion Expenses under the Profit & Loss Account.
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