Accountancy, asked by vansh8412, 1 month ago

promotion expenses are also known as​

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Answered by nitukumari9355
1

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Answered by lakshayintl0001
0

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A promotion expense is a cost companies incur to market their products or services to consumers. Promotion expenses range from giveaways, free samples, or other promotional gimmicks in order to help boost sales and revenue. Companies can write these costs off to the Internal Revenue Service (IRS) as tax-deductible business expenses.

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