Accountancy, asked by shashijoshi2607, 3 months ago

3. To which account freight is transferred?​

Answers

Answered by dhamija326
0

Answer:

Explanation:

FREIGHT IS A NOMINAL ACCOUNT. IT IS A PART OF TRADING ACCOUNT BECAUSE IT DIRECTLY RELATES TO PURCHASE OF GOODS. IT HAS ALWAYS A DEBIT BALANCE BEING EXPENDITURE

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