in my book the entry for
goods distributed by way of free sample 1000
and entry is passed in the book
advertisement exp a/c dr
to purchase account
is the below entry can be treated as alternative to above entry?
profit and loss a/c dr
to trading account a/c
please clarify
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entry clarification
Replies (1)
It can be as follows : Sales promotion a/c Dr..
Purchase (if itemwise - particular item) Cr
Purchase (if itemwise - particular item) Cr
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