Accountancy, asked by ss01938565, 1 year ago

write journal entry that free sample are distrubuted
among the customers

Answers

Answered by babushall
6

Explanation:

golden principles of accounting .

personal account rule

dr- the receiver.

cr- the giver.

real account rule

dr- what comes in.

cr- what goes out.

nominal account rule.

dr- all expenses and losses.

cr- all incomes and gains.

the journal entry will be...

advertisement a/c dr

to purchases a/c

( being goods given as sample from purchases).

Answered by tanmoyvestige
2

Answer

Let us recall the rules of journal

Golden Rules of Journal

Personal account rule

Debit- The receiver.  

Credit- The giver.  

Real account rule

Debit- What comes in.  

Credit- What goes out.  

Nominal account rule

Debit- All expenses and losses.  

Credit- All incomes and gains.  

Now

The journal entry will be

   

Advertisement A/C      DR  

         To Purchases A/C

( Being Goods given as Sample from Purchases)

                                                                                                                       

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