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what is the diff b/w manufactring a/c & trading a/c?

Answers were Sorted based on User's Feedback



what is the diff b/w manufactring a/c & trading a/c?..

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

what is the diff b/w manufactring a/c & trading a/c?..

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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