In Final Accounts chp, where to write carriage on purchases and carriage on sales.

Question

Tanuj · Answer

In final accounts, carriage on purchase come in trading a/c & carriage on sale come in profit/ loss a/c

Tanishk · Answer

Carriage Purchase and sales come in trading ac

Mallu · Answer

Yeah we should debit carriage on purchase to trading account and carriage on sales is on sales is debited profit and loss account

Ansh · Answer

Carriage on Purchase Shall be Debited in Trading A/C and Carriage On sale Shall be debited to P&L A/c

Sahana · Answer

Carriage on purchase must be debited to trading account as it related to manufacturing process and carriage on sales must be debited to p and l account as it is related to selling exp but not related to manufacturing process so it won't be debited to trading account

DINESH · Answer

Both should be debited to the trading account bcz both of them are direct expenses for the buisness

In Final Accounts chp, where to write carriage on purchases and carriage on sales.

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