Accounting treatment of stock & carriage inward

In a manufacturing unit, the amount of carriage inward can be accounted in addition to the bill value of the material received. inspite of accounting carriage inward as direct expenses.

Is this right according to the fianancial accounting system or why? Please clarify me.

vetrimfc @ yahoo.com

Replies (1)

All identifiable expenses to the stage it reaches stores,material cost can be loaded.

kkm

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