Turkish ice cream vender

Turkish ice cream vender play with their ice cream so during the play if the cone break or ice cream fall down what will be the accounting treatment for it
Replies (2)
Quick Summary
This discussion explores the accounting treatment for losses experienced by Turkish ice cream vendors who playfully demonstrate their product. When ice cream cones break or the ice cream is dropped during these performances, it's considered a normal business loss. The conversation touches upon the appropriate journal entries, with a suggestion to debit a sales promotion expense account.

It's normal loss in business activities

what are the journal entries i think sales promotional exp a/c is debited  

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details