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Reason for this journal!!!??

aravind (student) (132 Points)

15 August 2013  

the entry for distribution of goods as free sample is

Advertisement A/c Dr          xxx
           to purchase A/c                    xxx

                                                                    need reason for purchase A/c (Cr)   


 2 Replies

N.Naveena Maheswara Rao (Assistant manager for accounts)   (1091 Points)
Replied 23 August 2013

Originally posted by : aravind

the entry for distribution of goods as free sample is

Advertisement A/c Dr          xxx
           to purchase A/c                    xxx

                                                                    need reason for purchase A/c (Cr)   


This entry will be passed if we utilised our own purchased goods for advertisement purpose instead of selling.

Since we have not sold the stock but consumed reduce the purchase A/c

aravind (student) (132 Points)
Replied 23 August 2013

cool!!! thank you sir!!


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