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shipping companies, to know, profit or loss made by its each specified voyage, prepare an account periodically which is called "Voyage Account" It indicates the result of a ship voyage. It is prepared like profit and loss account. Both outward and return journey.    Debit side of voyage  Bunker cost- it refers to the place where fuel is kept. These days ships are driven by diesal oil. Whatever is used during the period voyage are recorded in the debit side of voyage account.  Port Charges- port is used by the shipping companies for loading and unloading of goods and packing the ship, hence the charges paid for these purposes are known as port charges.  Depreciation- it is calculated for the period of voyage.  Insurance- like depreciation it is also calculated for the period of voyage. Eg. when insurance premium is 24000/- per annum and voyage period is 2 months, the premium to be shown in the particular voyage account will be calula...