Price tag expense in retail store

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1359 Points Posted on 22 December 2021
price tag expense in retail store is recorded in which account and what is the journal entries ?
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On 22 December 2021 at 14:23 Report
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This discussion clarifies how the expense of price tags in a retail store is accounted for. It's identified as a cost incurred to prepare products for sale, typically falling under 'Printing and stationery expenses'. The entry would be made in the Profit and Loss account.

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CA
10436 Points Posted on 22 December 2021
Its an expense incurred for making the product ready for intended sale.

Head: Printing and stationery exps.
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On 22 December 2021 at 14:59
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1359 Points Posted on 22 December 2021
In profit and loss account ??
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On 22 December 2021 at 15:01
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CA
10436 Points Posted on 22 December 2021
Yes...
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On 22 December 2021 at 15:02

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