TRANSPORTATION OUT Definition

Bookmark and Share

TRANSPORTATION OUT is part of cost of selling therefore included as selling expense, i.e. part of SG&A.

Learn new Accounting Terms

DISCRETIONARY INCOME means the amount of a companys income available for spending after the essentials have been met. See DISPOSABLE INCOME.

CORRECTING ENTRY, a type of ADJUSTING ENTRY, is required at the end of an accounting period if a mistake was made in the accounting records during the period. See REVERSING ENTRY.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.