Explain me with reason and formulas????

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 May 2017 is freight paid on purchase of goods is added to the amount of purchases for valuation of stock ??
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Expert : Anonymous

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Expert : Anonymous (Expert)
20 May 2017 yes ,, it parts of cost of carrying goods into warehouse.. all cost incurred till the receiving in factory will be added in cost of product...
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Expert : Anonymous

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Expert : Anonymous (Expert)
20 May 2017 for valuation of closing stock purpose
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Asha Kanta Sharmapro badge (Expert)
24 July 2024 Yes, freight paid on the purchase of goods is typically added to the amount of purchases for the valuation of closing stock.
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