Which of the following is not posted Trading Account? I. Carriage inward II. Factory rent and rates III. Royalty on production IV. Postage and Telegrams

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KollegeApply · Accepted Answer

Only IV Explanation: Carriage inward, factory rent, and royalty on production are treated as direct expenses and debited to the Trading Account (as part of the cost of goods). Postage & telegrams are administrative expenses shown in Profit & Loss.

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