Question

Goods distributed by way of free samples 15,000.​

Answer 1

Answer:

Both acts when performed by a company are required to be recorded in the books of accounts. Goods given to charity or goods distributed as free samples are not to be accounted for as sales.

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Journal Entry for Goods Distributed as Free Samples.

Answer 2

Answer:

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journal entry

Advertisement A/c             Dr. 15,000

 To Trading A/c                        15,000