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Transportation expense all, to be put into one item at the P&L statement . ? TRUE or FALSE
First of all P&L A/c is the Profit and Loss Statement. In some cases like manufacturing, transportation expenses on purchases are added to raw material cost, to calculate the exact cost of input units - (in Manufacturing A/c OR Trading A/c). But in the same company other transportation expenses like distribution to sales outlets etc are to be shown in P&L A/c.
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