Goods worth Rs.2, 000 were distributed as free samples in the market. The journal entry will be ________
A. Drawing A/c Dr.2, 000 to Purchases A/c 2,000
B. Sales A/c Dr.2, 000 to Cash A/c 2,000
C. Advertisement A/c Dr.2, 000 to Purchases A/c 2,000
D. No entry
Answer:C
Goods worth Rs.2, 000 were distributed as free samples in the market. The journal entry will be ________
A. Drawing A/c Dr.2, 000 to Purchases A/c 2,000 B. Sales A/c Dr.2, 000 to Cash A/c 2,000 C. Advertisement A/c Dr.2, 000 to Purchases A/c 2,000 D. No entry