Paid Transportation Which type of expenses these expenses

Answer Posted / safayat

Well, if u have paid transportation for carriage inward, i.e
for carrying materials to ur factory then it is a direct
expense. And if the transportation was paid for carriage
outward, i.e for delivering goods for selling purpose then
it is an indirect expense. A direct expense increases the
cost of goods sold.

Is This Answer Correct ?    5 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

if cheque bounced what we received from customers and payed to bank what entry should we create in single entry system

1573


What is tds and how it is calculated?

600


What are the steps involved in project implementation?

713


Purchase Goods worth rs.1000/ icluding vat of rs 40/ & Service charge receive 1000/ including service charge rs 123.60/ What will be entry in Tally? Please Define me?

1464


Assume that the real risk-free rate is 3% and that inflation is expected to be 8% on year 1,5% in year 2,and 4% thereafter.Assume also that all Treasury bonds are highly liquid and free of default risk. If 2-year and 5-year Treasury bonds both yield 10%,calculate the difference in the maturity risk premium on the two bonds.

1709






How to make a entry in tally for Land & Building Purchased for RS.1,65,00,000/-(Total Consideration)Paid Installment wise as 30 lakh,10 lakh,20 lakh & 1,30,87,500

37680


Ledger Enteries

1844


What is BRS Adjustment entry?

3719


Tell me the meaning of long-term notes payable is or long term liabilities?

584


salary entry with briefly including pf,esi,employee advances -journal entry with against payment entry

1114


Do you know marginal cost?

618


cheque deposit is a contra entry?

1675


What are accounting entities?

609


How to prepare in yearly turnover?

1661


What does the abbreviation m mean in accounting?

643