P2 C5 Financial Statements of Business Organisations — Account STD 11 Commerce — Question
Gujarat BoardEnglish MediumSTD 11 CommerceAccountP2 C5 Financial Statements of Business Organisations1 Mark
Question
What are carriage inwards and carriage outwards?
✓
Answer
Carriage inwards represents the transport expenses incurred on the goods purchased. While carriage outwards represents the transport expenses incurred on the goods sold.
Need a full question paper?
Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.