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Purchase account

Accountancy

Purchase a/c is carried to trading a/c what is the reason behind this

Jaya Jaya

CA Inter

★ 165

28-Aug-22 13:25

201

Answers (3)

Best Answer

Purchasing a raw materials or Goods is a input that is like a Direct expense related to your business. So it's charged under direct expense head in the Trading account where you will charge all your direct expense

Manoj Raj

CA Final

★ 12K+

28-Aug-22 13:32

Direct expenses and direct incomes will come in tranding account

Vamshi Kumar

CA Foundation

★ 1K+

28-Aug-22 14:01

Vamshi Kumar

Direct expenses and direct incomes will come in tranding account

Thread Starter

Jaya Jaya

CA Inter

★ 165

28-Aug-22 14:04

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