What is the difference between Manufacturing Account and
Trading Account?
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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 |
Answer / hman jobbs
THE BALANCE FROM MANUFACTURING ACCOUNT IS USED TO CALCULATE
BALANCE OF TRADING ACCOUNT
| Is This Answer Correct ? | 12 Yes | 0 No |
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 |
Sales Return is asset or laibility
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