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The following appears in trading account except

The following appears in trading account except
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Sales
  • B Carriage outward
  • C Carriage inward
  • D Opening stock
Correct Answer: Option B
Explanation:
carriage outward: it is the cost of transporting goods from the company to the buyer. it is on debit side of the profit and loss account because it is an expenses incurred on distributing the goods to customer.

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