Journal entries for goods

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1359 Points Posted on 16 November 2021
journal entries for goods given for free by owner to regular customer ?
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On 16 November 2021 at 09:51 Report
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Quick Summary
This discussion explores the correct accounting treatment for goods provided free of charge to regular customers. It questions whether a separate 'Free supplies to customers a/c' should be maintained. The consensus suggests that such items should be treated as drawings by the owner.

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Business Analyst/ Product Owner
27 Points Posted on 16 November 2021

hi, should you miintain a 'Free supplies to customers a/c'?

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On 16 November 2021 at 10:15
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Chartered Accountant
24588 Points Posted on 16 November 2021
It should be treated as drawings
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On 16 November 2021 at 12:14

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