Purchase

Neha Mishra (@student) (234 Points)

15 February 2014

we have got samples of raw material from Seller we have paid for the same now whether sample a/c to be debited through f9 journal entry

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CA Raj Doshi (Practising CA) (8944 Points)
Replied 15 February 2014

Pass only Final Entry of purchase.Do not pass any entry of Samples so that complexities be avoided.

However, in your case,

Dr Purchases Cr Free Samples

then

Dr Free Samples Cr Supplier A/c

Neha Mishra (@student) (234 Points)
Replied 16 February 2014

These are paid samples. We have paid Rs.5000for them Indirect or direct expense

Vardan Singh Sengar (Accounts Manager in Private Company) (433 Points)
Replied 18 February 2014

In your case you have paid for the samples So u can show it as purchases.

Purchase dr

supplier cr

if the bill is not avail then u can show it as retail purchases

Neha Mishra (@student) (234 Points)
Replied 21 February 2014

Thanks Vardan

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