Accounting head

Accounting Entries 549 views 1 replies

Dear Friends.

1. What are all the Accounting Heads has been used in Freight Forwarding & Customs House Agent (Logistics)?

2. Also Please explain all the situations under which that head has been posted ?

Thanks in advance

 

Replies (1)

Direct Expenses accounting head.Expenses connected with purchases of goods are known as direct expenses. For example, freight, insurance, of goods in transit, carriage, wages, custom duty, import duty, octroi duty etc. Without incurring these expenses, it is not possible to bring the goods from the purchase point to the godown of the business. such expenses are collectively known as direct expenses


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