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ACCOUNTING OF FREE SAMPLES

This query is : Resolved 

07 January 2020 Sir,
I have an issue relating to issue of free sample.
I am giving finished goods as sample in the month of August. I want to know how to account these issue.
I would like to know whether treatment of issue of sample as sale with no invoice value is correct or not.( There by i can reduce my stock quantity).

22 May 2020 You can issue them by billing them @ Rs, 1/- plus GST to have a proper and transparent accounting in the books of accounts.


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