100
Yes, if sales is VAT EXCLUSIVE
The normal balance of a delivery expense account is a debit balance. This is because delivery expenses are considered operating costs, which increase with debits and decrease with credits. Therefore, when recording delivery expenses, they are typically debited to reflect the costs incurred in delivering goods or services.
A cartage invoice is a document that details charges related to the transportation of goods, specifically the costs incurred for moving freight from one location to another. It typically includes information such as the type of goods transported, weight, distance, and any additional fees for services rendered. This invoice serves as a record for both the service provider and the client, ensuring transparency in billing for transportation services.
Delivery expenses are typically considered variable costs, as they fluctuate based on the volume of goods shipped. The more products a company delivers, the higher the delivery costs will be. However, if a business has a fixed fee for certain delivery services regardless of the number of deliveries, it can also have mixed cost elements. Overall, the classification depends on the specific nature of the delivery expenses incurred by the business.
Cartage generally refers to transportation costs. For example payments to haulers to deliver fuel from a terminal to customer site, service station, etc. Cartage costs are normally booked under Operating Expenses
François Vatable died in 1547.
100
no
Im going to take my cartage to the dumpster
No, only the disounted amount is Vatable, the cash discount is not a vatable supply, therefore no VAT is payable on it.
Well I know when there is a D next to the item, it means that item is non-vatable, so when there is a V I would say it means the item is vatable.
"Storage" is a word that rhymes with "cartage" other than "garbage."
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An appropriate adjective for "cartage" is "freight." This term describes the transportation of goods and materials, emphasizing the commercial aspect of cartage. Other suitable adjectives could include "heavy" or "bulk," highlighting the nature of the items being transported.
Yes, if sales is VAT EXCLUSIVE
The normal balance of a delivery expense account is a debit balance. This is because delivery expenses are considered operating costs, which increase with debits and decrease with credits. Therefore, when recording delivery expenses, they are typically debited to reflect the costs incurred in delivering goods or services.