Question

On 30/07/2013 Goods distributed as free samples Rs. 1,700

Answer 1

Answer:

The journal entry for free sampling is to debit “advertisement (or free sample) account” and credit “purchases account”. The above journal entry increases the amount of advertisement expense and reduces the amount of purchases.

Answer 2

Answer:

advertisment a/c dr. 1700

To purchase a/c cr. 1700

Explanation:

freee sample means they are advetising and ggods were purchased thats why we will put purchase on credit both as 1700rs in debit and credit

hope u understand the concept