what is the diff b/w manufactring a/c & trading a/c?
Answers were Sorted based on User's Feedback
Answer / vedhavyas g kotekar
Manufacutring concern means They Manufacture the product
and Trading concern means they buy the product and as it is
sales the product.
Is This Answer Correct ? | 19 Yes | 0 No |
Answer / waqar hussain
manufacturing a/c cantain detail record of the cost of
goods manufactured. that is used by the manufacturer for
the purpose of cost information.
trading a/c cantain detail record of the goods purchase and
opening balance of stock and the closing balance of
stock.trading a/c used by whole seller,retailer, etc.
Is This Answer Correct ? | 8 Yes | 0 No |
WHAT IS THE JOURNAL ENTRY FOR PURCHASE RETURNS IN THE BOOKS OF PURCHASER & SELLER
What is meant by Intangible Assets?
what is TDS pls give me the best answer
Received goods from Mani in response to the order placed with him. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
Difference between Accounts & Finance ?
6 Answers BNP Paribas, Marketing, Shriram,
in a every intervew asking one common question why you are living current employer, which is the best answer
0 Answers Bank Of America, HSBC,
Rent paid to Land Lord account is credited to 1.Land Lords account 2.Cash account
WHAT IS MEANT BY CTC SALARY?
how to solved the shares qusionas ?
Expand SOIT
what is meant by screenlayout in asset accunting
what is the Full form of SAS like CA?