define the following terms=
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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
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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