Hi
I have been going through some examples of Trading & P & R Accounts and i cannot quite see the logic of carriage and how it should be shown.
If the carriage relates to goods purchased then the cost is added to purchases on the trading a/c, if it relates to sales it is shown as an expense on the P & R a/c.
Why does the carriage relating to sales not appear on the trading account?
Regards
Martin
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