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Carriage outwards will appear on -----------side of---------
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profit and loss accounts and the side of the debit
| Is This Answer Correct ? | 11 Yes | 3 No |
Answer / zanna bukar baruwa
Carriage outward is the cost of deliverence of good,so it
is an expences to the company.therefore,it should be
written-off and take it to income and expenditure account
as espences.
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / vasu borada
carriage outward is expense which has been incurred aftr production so it comes it P&L a/c,expense we shown on debit side as per accounting rule.
| Is This Answer Correct ? | 1 Yes | 1 No |
WATS THE GENERAL ENTRY FOR OUT STANDING SALARIES,AT PRESENT FINANCIAL PERIOD & AT THE TIME OF PAYING THE CASH
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A CAR GIVES 100 KLIO METERS OF TO
How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct?
Audit 
