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Question
What do you mean by carriage inward?
What do you mean by carriage inward?
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Solution
Carriage inwards is the shipping and handling costs incurred by a company that is receiving goods from suppliers.
Carriage inwards, also termed as transportation inwards or freight inwards. It is treated as a direct expense and is always reflected on the debit.
Carriage inwards is the shipping and handling costs incurred by a company that is receiving goods from suppliers.
Carriage inwards, also termed as transportation inwards or freight inwards. It is treated as a direct expense and is always reflected on the debit.
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