free samples


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Querist : Anonymous

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Querist : Anonymous (Querist)
08 December 2009 Dear colleagues,

Please throw some light on the doubt I am having regarding free samples

accounting tratmet for free samples recived.

08 December 2009
No financial transaction is involved in free samples.

Neither you have to pay nor you will receive anything.

So only Memorandum A/c of Sample Received may be maintained. When you issue samples; you can deduct the quantities you issue.

This account will not be reflected into your books of account.

Ca Rakhecha
Surat


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