Carriage Inwards & Carriage Outwards

Q. Carriage outward is a/an and is shown in the .

1. direct expense
2. indirect expense
3. Trading A/c
4. Profit or loss A/c

Q.

Carriage inwards is charged to the trading account because:

1. It is not part of motor expenses

2. Carriage outwards goes in the profit and loss account

3. It should not go in the balance sheet

4. It is an expense connected with buying goods

Q. Write the difference between return inwards and return outwards.