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(1)
Trial balance has two sides: debit and credit. The debit side of the trial balance includes the looses, assets, drawings, and expenses of the business. The credit side of the trial balance includes the profit, liability, owner’s equity and income of the business.
The drawing is the amount that the owner of the business withdraws for his/her personal use. It should be written on the debit side of the trial balance because all the expenses and losses should be debited.
Carriage outward is an expense paid on the sale of the goods. When the business sells the goods then it has to send the goods to the customer. The freight and carriage charges to send the goods to the customer is a carriage outward. Carriage outward is an expense so it should be written in the debit side of the trial balance because all the expenses and losses should be debited.
Thus, the carriage outward and drawings are recorded on the debit side of the trial balance.
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