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
551
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
