Transportation cost is part of cost of sale

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 June 2011 can transportation or fright cost can be considered at time of calculating gross profit

B R Ramesh (Expert)
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25 June 2011 Hi

if manufacturing the it is direct (G/P)
iif it is trading it is a indirect expenses (N/P)

debited in P& l account.

Querist : Anonymous

Querist : Anonymous (Querist)

26 June 2011 thank for your valuable advise,

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