Goods worth Rs. 5,000 distributed as free sample




 Goods worth Rs. 5,000 distributed as free sample journal entry

DATE 

PARTICULARS 

L/F 

DEBIT 

CREDIT 

15 

Advertisement A/c       Dr. 

            To Cash A/c  

[Being goods distributed as free sample] 

 

5,000 

 

5,000 


15.Goods distributed as free sample: Goods distributed as free sample means the proprietor is Advertising the goods in the Market therefore Advertisement account is written in the books of account. Hence Advertisement is an expense therefore it is shown on debit side. And cash is going out of the business Hence it is shown on credit side.


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