Consignment queries
This query is : Resolved
Kaustubh Patel
(Querist)
26 March 2014
Accounting treatment in the book of Consignee and Consignor.
Goods given as a free sample of Rs. 5000/-
Goods given as a free sample of Rs. 5000/-
Ajay Raghatate
(Expert)
28 March 2014
Consignor
Sales Promotion Exp Dr 5000
To Sales 5000
Consignee
financial entry not required (Mat value is Zero)
Sales Promotion Exp Dr 5000
To Sales 5000
Consignee
financial entry not required (Mat value is Zero)
Kaustubh Patel
(Querist)
15 May 2014
How Free Goods are Considered as a Sales?
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