WAEC - Accounts Principles Of Accounts (2023 - No. 40)

Carriage inwards on raw materials is recorded in the

balance sheet

profit and loss account

trading account

manufacturing account

Explanation

Carriage inwards on raw materials is recorded in the manufacturing account. It is added to the opening stock of raw materials and purchase of raw materials.

WAEC - Accounts Principles Of Accounts (2023 - No. 40)

Explanation

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