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Sampling

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 April 2016 if a company give their products as sample to their customer as advertisement , what will be the Journal Entry in Practical life and kindly explain the Account heads need to be open. what i think

Advertisement a/c ............dr
to purchase a/c

the company maintain their accounts in Tally with inventory . kindly correct me if i am wrong
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Amol S Joglekar

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Amol S Joglekar (Expert)
28 April 2016 This is appropriate provided Advertisement is grouped under Indirect expenses.
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Rupesh Jain

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Rupesh Jain (Expert)
28 April 2016 entry is correct and advertisement classify under exp. head
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Querist : Anonymous

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Querist : Anonymous (Querist)
29 April 2016 thanks you Sir for this clarification
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Amol S Joglekar

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Amol S Joglekar (Expert)
29 April 2016 You are most welcome.
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