Carriage outwards is accounting term for amount spent on
Answer Details
Carriage outwards is an accounting term that refers to the amount of money spent on the transportation or shipping of goods from the seller's location to the buyer's location. This cost is typically incurred by the seller and is included in the overall cost of the goods sold to the buyer. In other words, carriage outwards is the cost of shipping goods out to customers, which is a necessary expense for businesses that sell physical products. It is not related to the cost of purchasing goods, excess stock, goods for production, or goods returned to stock.