Skip to content

CA Foundation doubt

*Hanuman gave away goods value at rupees 40000 as free sample for which no entry was made in the books of account* Ye Inventory ka question hai mera doubt ye hai ki iski entry profit loss adjustment a

Asked by Mukesh18 Aug 20261340 views

1 answer

  1. S. · 18 Aug 2026

    Because , In double-entry bookkeeping, giving away goods worth ₹40,000 as free samples requires two sides (two distinct effects) because every financial transaction impacts the business in two ways: it creates an expense (advertisement/free sample) and it reduces assets (stock/purchases).

Free app · 5 lakh+ learners

Ask your doubt in the Studycaller app

Read full notes, ask doubts, follow toppers and track your study hours — free on Android and iPhone.