Accountancy, asked by rumtu, 1 year ago

define the following terms=

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Answered by Beau24
1
Trading Account is a revenue account where all items of income and expenditure is recorded which is directed related with production for example Sales,Purchase,Wages,etc.
Direct Exp are those which are directly related with production.
Indirect Expare those which are not directly related with Production for eg.Salary of an office staff

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