Carriage inwards - accounts, Accounting Basics

Explain Carriage inwards.

Posted Date: 2/12/2013 5:12:01 AM | Location : United States





When goods are purchased from a supplier the cost of transporting the goods from the supplier is known as the carriage inwards. This cost arises from the purchases of goods and is therefore charged to the trading account as part of the cost of sales.

Posted by Amy | Posted Date: 2/12/2013 5:12:51 AM


Related Discussions:- Carriage inwards - accounts, Assignment Help, Ask Question on Carriage inwards - accounts, Get Answer, Expert's Help, Carriage inwards - accounts Discussions

Write discussion on Carriage inwards - accounts
Your posts are moderated
Related Questions
Q. Explain double-entry procedure? The double-entry procedure maintains the accounting equation in balance. The dual recording process generates two sets of accounts those with

Assume we are selling a device for 6000 and the company need to replace that device with a new device which is a bit more than the prior price say 7000.Then,how we can account this

Explain the Recording employer's payroll taxes Debited to an expense account-Payroll Tax Expense. Credited to individual Tax Payable accounts These amounts are then sent

Funds Flow Analysis :  This study is occasionally called as 'Statement of alter in Financial Position".  Beneath this analysis, a declaration is prepared which give details the

What process for excess payment to supplier I would like know without adjusting invoice that means how supplier will send back surplus amount how do in oracle apps?          Ans


Hi there, I was just wondering I''m not to sure how to describe my assignment, the subject is ACCOUNTING for university level... and it is 100 Level never don''t this paper in high

Human Resource Accounting: Way back in the year 1964 the first attempt to comprise figures on human capital in the balance sheet was made through Hermansson that later came to

determine how the disallowance of LIFO will impact U.S. multinational firms that report under IFRS

the books of deven verma could not be tallied.the accountant transferred the difference of Rs.1270 in the suspense account on the debit side the following mistakes were found later