JAMB Commerce 1997 Question 20

Question 20

Business Calculations

The cost of transporting goods to customers is called

  1. A.carriage inward
  2. B.carriage forward
  3. C.carriage paid
  4. D.carriage outward.
Show the answer and explanation

Answer: D (carriage outward.)

Explanation

Carriage outwards is the seller's cost of delivering goods to customers; carriage inwards is the cost of bringing purchases in.