What will be the journal transaction for goods distributed as free samples
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1
Explanation:
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
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sample a/c. Dr
to purchase a/c
Explanation:
good are distributed as sample to encourage sale it is a part of the sample , advertising example it is debited to the advertisement/sample a/c
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