Carriage Outward is shown in: - Vidyadip

MCQ

Carriage Outward is shown in:

A
Trading Account
✓
Profit and Loss Account
C
Any of Trading Account or
D
Balance Sheet Profit & Loss Account.

✓

Answer

Correct option: B.

Profit and Loss Account

(B) Profit and Loss Account
Explanation:
Carriage Outward is an indirect expense hence it is shown in Profit and Loss Account.

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