Nancy Chawla In: Category - ExpenseWhere are trading expenses in final accounts?final accountstrading expenses ShareFacebook1 AnswerVotedRecent Vaishnavi_Shetty 2020-08-29T10:46:14+05:30Added an answer on August 29, 2020 at 10:46 am This answer was edited. I have answered this question on the assumption that “Trading Expenses are those expenses which are covered in the Trading Account”.Meaning of Trading ExpensesTrading Expenses are direct expenses incurred for the purchase and production of goods. They are related to the core business operations of the business entity and directly related to the purchase and production of the finished goods.So, all the expenses incurred from the time of purchasing raw materials/goods till the time the finished goods are brought to a saleable condition are referred to as trading expenses.Eg. carriage inward, manufacturing expenses, wages, etc.Presentation in Financial StatementsParticularsFinancial StatementTreatment/PresentationTrading Expenses (Direct Expenses)Trading AccountPresented on the Debit side of Trading AccountA snippet of the Trading account has been attached for better understanding.1Reply Share ShareShare on FacebookShare on TwitterShare on LinkedInShare on WhatsAppLeave an answerCancel replyYou must login to add an answer. Username or email* Password* Captcha* Click on image to update the captcha. Remember Me! Forgot Password?