Carriage inwards is shown on the

Accounts - Principles of Accounts WAEC 2010

Carriage inwards is shown on the

  • debit side of the trading account checkmark
  • credit side of the trading account
  • credit side of the profit and loss account
  • debit side of the profit and loss account

The correct answer is: A

Explanation

It is posted to the debit side of trading account and added to the cost of purchase

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