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Selling exp As 2

Accountancy

Selling expense is credited to pl why ?

Sushmita Chowdhury

CA Inter

★ 715

19-Feb-24 15:09

146

Answers (5)

Last 3rd line of the qsn

Thread Starter

Sushmita Chowdhury

CA Inter

★ 715

19-Feb-24 15:10

Thank you

Thread Starter

Sushmita Chowdhury

CA Inter

★ 715

19-Feb-24 15:38

Selling expenses will not form part of inventory. It will be credited to p&l ac

Revathy N

CA Final

★ 9K+

19-Feb-24 16:25

Revathy N

Selling expenses will not form part of inventory. It will be credited to p&l ac

Selling expense is expense & expense go to pl debit But here it’s sold that’s why pl credit

Thread Starter

Sushmita Chowdhury

CA Inter

★ 715

19-Feb-24 19:12

They are crediting amount received from sale of containers.

CA Suraj Lakhotia

Admin

20-Feb-24 18:58

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