Harriett Lovick
Friday, August 12, 2011
Accounting 101 question, Transportation expense?
You almost always add shipping expenses to the cost of goods sold. uming that the $1,100 is the actual cost of the shipping, you would debit COGS and credit cash. The name says it all - shipping is a cost of selling goods!
No comments:
Post a Comment
Newer Post
Older Post
Home
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment