Free Samples

[Jay Ridgley]

On 11/01/2014 05:03 AM, Steven Davids wrote:
> Can anyone please assist?  How do I handle a free sample I give to
> customers of my small business?
>
> Thanks.
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Steven,

I am not an accountant, however, I would treat the cost of the item you 
are providing as a marketing expense. Take the money from cash(asset) 
and credit a marketing expense account.

Cheers,
Jay

-- 
Jay Ridgley
jridgley2 at austin.rr.com
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