Which of the following items of expense involves actual cash payment?
- Discounts allowed
- Provision for depreciation
-
Carriage outwards
- Allowance for doubtful debts
The correct answer is: C
Explanation
Carriage refers to the cost of transporting goods into a business from a supplier, as well as the cost of transporting goods from a business to its customers. Carriage outwards is the shipping and handling costs incurred by a company that is shipping goods to a customer.