is packing and transport charge is recorded in profit and loss or trading account ??
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Explanation:
Accounting Treatment:- Cash payment or Bank payment or Journal vouchers are prepared as per the nature of transactions. If the cost of packing is related to goods then the packing charges will be shown in expenses side of trading account otherwise it will be shown in expenses side of profit and loss account.
Answered by
2
Answer:
yes it is because it is also comes in commercial so that why byeee thank me later
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