what is the diff b/w manufactring a/c & trading a/c?
- 2 Answers
- 6042 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
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 |
what are the golden rule of accounting.
give me only one transactions in both side (debit&credit) should be in real accounts
1.In SAP T-code MIR 44 is used for what purpose? 2. What are the entires for Depreciation? 3.Trade discount comes under; a.trading account b.P/L account c. balance sheet 4. T- code F-44 is used to reverse po entry?
what about your self
8 Answers Capital IQ, FactSet Systems,
What is Quick Book ?
on fellowing which assest shouldn't be depriciate?a) furniture , b)television c)goodwill d)printer
what is the difference between cash flow and fund flow?
What is cst & gst? with example
WHAT TYPE OF ESSAY WRITING ARE GIVING
What is the difference between payable and accrual
In FY2010-11, if person get salary 189600.00 after deduction of Profession tax and his investment 11000/- in LIC for whole year how many TDS deduct from his salary Pls reply i am waiting for Answer.
Whether setting up of diary plants comes under CMA under Farm Sector or Non Farm Sector
Audit 
