1.

Write journal entry that free sample are distrubuted among the customers

Answer»

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).



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