Accountancy, asked by dependrakumar10, 1 year ago

What is carriage inward ?

Answers

Answered by tanayarao
4
Carriage inwards refers to the transportation costs associated with the purchase of merchandise or other assets. The buyer is responsible for the cost of carriage inwards when it buys items and the prices are stated as being FOB shipping point. Carriage inwards is also known as freight-in or transportation-in.
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