How to make good accounting entries for selling goods and giving away goods at the same time?

Borrow: inventory goods

Taxes payable-VAT payable (input)

Loans: bank deposits

2. Free promotional gifts

Debit: sales expenses

Loans: Goods in stock

Taxes payable-VAT payable (output)

3. This course accounts for various expenses incurred by enterprises in the process of selling materials and providing services, including insurance premium, packaging fee, exhibition fee and advertising fee, commodity maintenance fee, expected loss of product quality assurance, transportation fee, loading and unloading fee, etc. , as well as sales organizations (including sales outlets and after-sales service outlets, etc.) personnel salaries, business expenses, depreciation expenses and other operating expenses. ) specially designed for selling the goods of this enterprise.

Extended data:

The detailed account of the inventory goods shall be set according to the types, varieties and specifications of the inventory goods of the enterprise. If there are goods to be sold, goods for exhibition and goods that have been sent out but have not been recovered in the retail department of an enterprise, a separate ledger should be set up for accounting, and the detailed ledger of inventory goods generally adopts the formula of quantity and amount. ?

Commodity retail enterprises that implement sales price and amount accounting should set up detailed accounts of inventory goods according to the person in charge. Because the inventory goods are accounted for according to the sales price, in order to know the actual value of the inventory goods at any time and facilitate the physical person in charge to calculate the price difference of the sales goods at the end of the month, the subsidiary ledger of "inventory goods" and "commodity price difference" can also be combined to set up the subsidiary ledger of "inventory goods and price difference".

References:

Inventory goods-Baidu Encyclopedia