Accountancy, asked by jaymaheshwari0pd14cl, 1 year ago

Difference between trading account and manufacturing account

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Answered by shivshankar66

A manufacturing account is used to determine the cost of manufacturing a company's product. Data from thisaccount is used in the trading accountto calculate the company's gross profit. ... energy costs for running machinery and powering themanufacturing plant. transportation costs for raw materials.

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