All direct expenses are debited to Trading account. (State True or False)
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Answered by
12
Hey buddy answer will be True !!
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Answered by
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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