The carriage on sales is carriage outwards as the carriage deals outwardly with the cost of shipping and storage borne by the company when delivering the goods to a customer. It is shown in the income statement in the cost of the goods sold section. This also be presented in the balance sheet asset side.
plz drop some thanks for me plz
Sara you can answer here
and plz let her answer
plz
plz drop some thanks for me plz
Sara you can answer here
and plz let her answer
plz
Add an Answer
More Questions From This User See All
Answers & Comments
Answer:
Plz mark as brainliest..
Explanation:
Profit and Loss A/c, Trading A/c
Carriage outward is the seller's cost of delivering goods to the buyer. It is related to sale and carriage inward is the transportation cost associated with purchase of goods. Trading account includes all the expenses related to production. All the indirect expenses comes in profit and loss account. That's why carriage outward appears in profit and loss account and carriage inward appears in trading account.
Answer:
HI
THANK GOD I SAW YOUR QUESTION ON TIME
THERE IS NOTHING TO SORRY ABOUT
NEXT TIME YOU ANSWER MY QUESTION DONT FORGET TO ATTACH A PICTURE OF JIMIN