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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 |
what are the certificates needed at the time of SBI clerical interview?
0 Answers ICICI, State Bank Of India SBI,
Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?
We are an educational institution head office in chennai. We don't have Tin Nos. Sales Tax nos, and CST Nos. we have only Service tax nos. if i purchase a computer in chennai and i transfer it to our institute which is in bangalore.Is it possible. what are the documents required for this.
Started business with cash 50000
If an overpayment (more than was paid) was posted on a statemnt, can I just make a debit note on the account with the difference? Example Customer had to pay me R 10 000 Payment on his statment was passed for R 15 000 Can I make a debit note with the dif of R 5 000, to rectify the account for the specific month?
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