Question

Wages, carriage inward are recorded on the ______ side of the ______. 

Options

• Debit, trading account

• Credit, trading account

• Debit, profit and loss account

• Credit, profit and loss account

Answer 1

Wages, carriage inward are recorded on the Debit side of the trading account.

Explanation:

Manufacturing wages, carriage inward, power and fuel, etc. these expenses are recorded on the debit side of the trading account.