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Post Info TOPIC: Wages and the T, P&L Account.
Freddie


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Wages and the T, P&L Account.
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Hi.

Please can someone explain why the Wages can be sometimes shown in the Trading Account, (on the DR. side) as well as the Profit and Loss Account?

It is shown, as a deduction, in the Trading Accounts (of some companies), along with the likes of Carriage Inwards, Opening Stock, Purchases etc; but I thought it could only be shown as a business expense in The P&L account! Confused. Many thanks



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