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free gold coin along with capital asset purchased

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(Querist)
13 August 2016 if a company purchased car and got gold coin as a free gift. Suppose car worth 10L and gold coin worth 10k and we paid through bank . how to account this transaction is it right to enter entry as car a/c Dr 1000000 gold coin a/c Dr 10000 to bank a/c 1000000 to capital reserve a/c 10000
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Amol S Joglekar

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Amol S Joglekar (Expert)
13 August 2016 yes, that can be done.....
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