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How will you Record an entry for FOB destination and Freight prepaid?

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How will you Record an entry for FOB destination and Freight prepaid?

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  1. No Entry. IF someone has provided you FOB facility then we will record just the cost of the Goods and If you have provided that service to someone then treat it as Indirect Expense and Freight Outward Expenses and show the amount in the Profit and Loss account. If there is any amount of Freight Prepaid by you then It will be the current Asset.


  2. you know more forwarder

    we can ask for him

    like me
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