according to the relevant regulations that value-added tax is regarded as sales, if a gift is purchased and given to others for free, it should be regarded as sales, so that accounting treatment can be facilitated.

small-scale taxpayer:

purchase: borrowing: inventory goods loan: bank deposit

gift: borrowing: sales expense loan: inventory goods payable taxes-payable value-added tax

general taxpayer:

purchase: borrowing: inventory goods payable taxes-payable value-added tax (input tax) loan: bank deposit.