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Accounting treatment for

Atharv Sankliya (293 Points)

28 October 2021  
accounting treatment for free tshirt given to company worker ,agent etc other than employees

 4 Replies

Rama chary Rachakonda (Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)   (2913 Points)
Replied 28 October 2021

debit advertisement account and stock account credit

Atharv Sankliya (293 Points)
Replied 28 October 2021

No the company purchase tshirt and then distribute it for free

Giridhar S Karandikar (Team Lead) (7395 Points)
Replied 28 October 2021

Donations Dr

To Cash or bank
1 Like

Atharv Sankliya (293 Points)
Replied 28 October 2021

The company above is shoes manufacturing company and purchase tshirt from another tshirt/clothing company to give its worker/ agent for free and also to advertise

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