Freight outword
This query is : Resolved
30 September 2016
Dear sir
Freight out word is a indirect exp. and recorded debit side of P/L a/c , but some times it is recorded credit side of P/L a/c why. Plz. explain this concept.
Thanks
Freight out word is a indirect exp. and recorded debit side of P/L a/c , but some times it is recorded credit side of P/L a/c why. Plz. explain this concept.
Thanks
30 September 2016
When the freight outward is recovered from the buyers it is shown under credit side.
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