Accountancy, asked by kaurharmeet925, 19 days ago

carriage on sales in which side in financial statements

Answers

Answered by majimodhurima

0

Answer:

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.

Explanation:

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