Question

3) Differentiate between Manufacturing of goods and
Trading​

Answer 1

Answer:

Trading Account vs Manufacturing Account

The difference between Trading Account and Manufacturing Account is, the trading account gives the Gross profit made by the company whereas the Manufacturing account is the cost of the product manufactured by the company.

Answer 2

Answer:

trading company do not make goods store them or own them .they act as intermediaries between the manufactures and the importers who want to buy their products. many importers prefer to source their goods directly from the factory if they can and the main reason for this is the lower price

Explanation:

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