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Home > Business & Careers > Accounting   »   Journal entry for prize giveaways

 
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Old Mar 10, 2008, 04:47 PM
dkamholz
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Journal entry for prize giveaways

How do I make a journal entry for a company that purchased inventory to be used as prize giveaways during their grand opening?

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Old Mar 12, 2008, 04:24 PM   #2  
MaggieMouse
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You can put them into advertising expenses.
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