Accounting entries

kumar (Working) (172 Points)

27 January 2012  

Please Could any one explain clearly my question?

1.what is the difference between carriage inwards and frieght charges?

2.What is the difference between carriage outawards and Transportation expenses?

      i have been carrying on audit in an AC enterprises which is a super stockist concern. In part of the year the booked for material unloaded charges as carriage inwards and part of the year as frieght charges.. and the same they do about tranport charges  while selling out or service of AC unit  as carriage outwards and rest as transportation charges...

 

I am waiting here pls post suggestion.... thank u in advance