MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Sales Return Book

Goods distrib...

Question

Goods distributed as free samples are recorded at which value and why?

Open in App

Solution

Goods distributed as free samples are recorded at purchase cost because it is not a sale but advertisement expense.

Suggest Corrections

thumbs-up

9

Similar questions

Q. Goods costing Rs. 75000 distributed as free samples were not recorded. This______.

Q. Goods costing Rs. 55000 distributed as free samples were not recorded. This is an error of _____.

Q. Goods costing Rs.10,000 distributed as free samples were not recorded. The error will result in

Q. Goods costing Rs.10,000 distributed as free sample were not recorded. The error will result in

Q. Goods distributed as free samples is an example of _________.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Special Journal

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

Sales Return Book

Standard XI Accountancy

Join BYJU'S Learning Program

CrossIcon