Gift by seller
This query is : Resolved
28 November 2011
purchased goods rs50000 and the seller gave a CD machine worth rs2000 as gift. what would be the journal entry
28 November 2011
Purchases A/c Dr. 50,000
To Vendor 50,000
Computer A/c Dr. 2,000
To Gift 2,000
To Vendor 50,000
Computer A/c Dr. 2,000
To Gift 2,000
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