Accountancy, asked by coolkshitij2685, 1 year ago

All direct expenses are debited to Trading account. (State True or False)

Answers

Answered by Sweetbuddy
12
Hey buddy answer will be True !!

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Answered by dualadmire
7

Answer:

The given statement is true.

Explanation:

All the direct expenses are on the debit side of the trading account.

Direct expenses means those expenses which are attributable to the purchase of goods and services. Direct expenses includes expenses on direct labour and direct wages, fuel and power expenses, carriage on purchase, manufacturing expenses, packaging charges, royalty, etc.

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