What is the difference between Manufacturing Account and
Trading Account?

Answers were Sorted based on User's Feedback



What is the difference between Manufacturing Account and Trading Account?..

Answer / mahipal reddy

manufacturing a/c is a part of Trading a/c.
manufacturing a/c should prepere the firms which produce
gooods only
trading a/c prepares both productive and also nonproductive
industries

Is This Answer Correct ?    64 Yes 11 No

What is the difference between Manufacturing Account and Trading Account?..

Answer / hman jobbs

THE BALANCE FROM MANUFACTURING ACCOUNT IS USED TO CALCULATE
BALANCE OF TRADING ACCOUNT

Is This Answer Correct ?    12 Yes 0 No

What is the difference between Manufacturing Account and Trading Account?..

Answer / elaine liew

manufacturing firm must calculate the factory's profit and uppc, but trading firm need to calculate the gross profit.

Is This Answer Correct ?    10 Yes 2 No

Post New Answer

More Accounting AllOther Interview Questions

Are you sure MBA Finance Demand in market if yes why and if you study a distance couse so my question is destance education is a valed for big company and small company

1 Answers  


HELLO SIR, I WANT TO ASK REGARDING PROFESSION TAX OF INDIVIDVAL IF ASSESEE DOING TWO SEPARATE BUSINESS ON SAME PAN CARD, THEN HE IS LIABLE TO PAY PROFSSION TAX ON EACH BUSINESS/ENTITY Rs 2500/- PLS REPLY

1 Answers  


what is journel entry

3 Answers   Cognizant,


What rate of sales tax will be applicable on printing machine spares selling from haryana to other state.

3 Answers  


Who is the maker of the promissory note

0 Answers  






what is the definition of direct expenses?

7 Answers  


Expand ________BCD

2 Answers  


a trader sold an article for Rs 714/-after allowing discount of 15%.If not allowed discount he would have make 20%profit. If so what will be thwe cost price of the article

5 Answers  


Which Accounting Standard deals with infltion? and how?

1 Answers   Genpact,


what is outstanding expences give example

3 Answers  


Expand ________GOPI

1 Answers  


what is brs and why is it perpared?

4 Answers   BoA,


Categories