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Question
Write the journal entry for Goods distributed as free samples Rs 5000.
Write the journal entry for Goods distributed as free samples Rs 5000.
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Solution
The journal entry for Goods distributed as free samples Rs 5000 is given below:
Advertisement a/c Dr Rs.5000 To purchase a/c Cr Rs. 5000
The journal entry for Goods distributed as free samples Rs 5000 is given below:
Advertisement a/c Dr Rs.5000 To purchase a/c Cr Rs. 5000
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