Demo products

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Hesham255
Posts: 26
Joined: 16 Jun 2019, 10:17

Demo products

Post by Hesham255 »

Hello,
We have demo items in our showrooms. how should we account for these demo items, we are keeping these for a period of time and then sell these for a discount and get different items for demo instead of them. we are selling equipment and we kept number of these equipment as demo.

Thanks
Hesham
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Marek Muc
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Joined: 15 Oct 2018, 17:21
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Re: Demo products

Post by Marek Muc »

Hi, to me these clearly are inventories accounted for under IAS 2
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