What is the difference between Manufacturing Account and
Trading Account?

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Expand--------AA

1592


You configured new asset accounting with three depreciation areas that post in real time. You need to do a partial scrapping to an asset in transaction type. How many document does the transaction create ?( any 1 answer) 1 3 4 6

1040


WHEN IN ADJUST. GIVEN THAT THERE IS VALUE OF RS...., OBSOLESCENCE STOCK INCLUDED IN CLOSING STOCK RS.......,WHAT IS THE PROPER WAY TO SHOW IN INCOME STATEMENT AND POSITION STATEMENT.

1706


Who is called consignor

1489


How Many Types of Excise Duties?

1535






Expand-------------BRTS

1523


what is meant by virus

7071


What is Provision for expenses?

1793


how to download online - old ECR CHALLANS

4417


how to calculate share values of a company.

1674


ER-1, ER-2,ER-3,ER-4,ER-5,ER-6,ER-7 plz tell me use of these excise form

1368


Paid office electricity charges Rs 15000/- and Ram partners residence electricity charges 1250 thr andhra bank cheque

1410


what is buy bach shares?

1629


Expand---------DBPC

1689


why the closing stock is not considered in drawing trail balance.... Are there any other items like the above

1939