The following appears in trading account except
...The following appears in trading account except
Sales
Carriage outward
Carriage inward
Opening stock
Correct answer is B
Carriage outward: it is the cost of transporting goods from the company to the buyer. it is on debit side of the profit and loss account because it is an expenses incurred on distributing the goods to customer.
Which of the following is not a credit item in the sales ledger control account? ...
A fall in the value of a fixed asset due to technological changes is described as? ...
\(\begin{array}{c|c} & 1/7/10 & 30/6/11 \\ & D & D \\ \hline \text{Stock} & 1,46...
In a manufacturing company, the total cost of goods produced is equivalent to? ...
Discount allowed is a charge to ...
When closing stock is undervalued, the cost of goods sold would be ...
Which of the following documents set out the internal regulations of a partnership? ...