HSC Commerce (Marketing and Salesmanship) 12th Board ExamMaharashtra State Board
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What Do You Mean by 'Carriage Inward'? - HSC Commerce (Marketing and Salesmanship) 12th Board Exam - Book Keeping and Accountancy

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Question

What do you mean by 'carriage inward'?

Solution

These are the expenses that are incurred to transport the goods from the supplier’s place to the firm’s place. These are direct expenses and recorded on the debit side of the Trading Account.

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APPEARS IN

 2013-2014 (March) (with solutions)
Question 1.1.1 | 1.00 mark
Solution What Do You Mean by 'Carriage Inward'? Concept: Effects of Adjustments-Outstanding Expenses.
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