Accountancy, asked by utkarshtambe115, 5 months ago

Carriage outwards appearing in Trial Balance should be shown in​

Answers

Answered by Subhadra1722
0

Answer:

at least one is the meaning

Answered by Berseria
34

Answer:

• ) Profit and loss account.

Carriage Outwards appearing in Trial balance should be shown in Profit and loss account

And in case, Carriage inwards appearing in Trial balance should be shown in Trading account.

Trading Account records only direct expenses. Direct expenses are :

Direct Expenses

Direct expenses are the amount spend directly on the purchase of goods. Eg : Carriage, Octroi,Clearing charges,Power, gas , water , Carriage inwards.

The format of Profit and loss account is attached.Go through it. Hope it's understandable..

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