Question

Which of the following is not shown in profit and loss account?
1. Postage and Stationery.
2. Discount Allowed.
3. Interest received.
4. Carriage Inwards.

Answer 1

Hey mate ✌️✌️

Which of the following is not shown in profit and loss account?
1. Postage and Stationery.
2. Discount Allowed.
3. Interest received.
4. Carriage Inwards.☑️☑️


ANSWER ⏬⏬⏬

(Carriage Inwards.)

Because carriage inward is a direct expense .

✨ Hope this helps you ✨