5102
Transport Insurance
Purchases & Direct Costs
Normal balance
Debit
This code records costs relating to transport insurance. As a cost account, it normally carries a debit balance: debit entries increase the balance (recording new costs) and credit entries decrease it (for example, a credit note received from a supplier).
Other codes in Purchases & Direct Costs
| 5101 | Import Duty |
| 5100 | Carriage |
| 5009 | Discounts Taken |
| 5200 | Opening Stock |
| 5003 | Packaging |