Accountancy, asked by Arjunparmar252004, 2 months ago

Goods distributed as free samples
is which type of account personal nominal or real a/c​

Answers

Answered by anushka2146
2

Answer:

Free Sample Distribution account is an indirect expense of a business and thus, it is classified as a nominal account.

Answered by DavaryWalia
0

INDIRECT BUSINESS OR ADVERTISEMENT EXPENSE AND WE CAN ALSO SAY THAT IT'S A NOMINAL ACCOUNT...

Goods distributed as free samples are products given away by a business usually for promotional reasons. The goods distributed as free samples do not have a sales value and therefore cannot be recorded in the accounting records as sales.

HOPE IT WILL HELP YOU

THANKS

Similar questions