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New chager is given for free

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1359 Points Joined October 2021
new chager is given for free by an mobile shop in warranty period what is accounting treatment for it??
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On 19 June 2022 at 11:45 Report
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Chartered Accountant
86505 Points Joined April 2011
Nothing
3 Reply
On 19 June 2022 at 12:10
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1359 Points Joined October 2021
As per which concept and why ?
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On 19 June 2022 at 12:24
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Chartered Accountant
86505 Points Joined April 2011
Cost of Charger is included in cost of mobile.
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On 19 June 2022 at 12:29
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106 Points Joined February 2022
Nothing is free. cost of Charger is in built in the price of mobile.
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On 19 June 2022 at 18:54
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1359 Points Joined October 2021
1- if a customer purchased a charger of rs 2000 and after 10 days he come to replace it because it is not working
2 - if charger is given with mobile( in built) after 10 days it is replaced for the same reason stated above
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On 19 June 2022 at 20:18
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Chartered Accountant
86505 Points Joined April 2011
But what shop keeper did with such charger replace or pay money
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On 19 June 2022 at 20:37
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1359 Points Joined October 2021
Replace
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On 22 June 2022 at 21:28
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Chartered Accountant
86505 Points Joined April 2011
Then show it as Warranty Expenses.
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On 23 June 2022 at 00:06

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