what is the diff b/w manufactring a/c & trading a/c?
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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 |
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business sepsarate entity concepts
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