the manufactory accout preapared?
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The main purpose of preparing Manufacturing Account is to determine manufacturing costs of finished goods. It helps in improving the cost-effectiveness of manufacturing activities. The costs of finished goods are then transferred from this Account to Trading Account.
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Answer:
The main purpose of preparing Manufacturing Account is to determine manufacturing costs of finished goods. It helps in improving the cost-effectiveness of manufacturing activities. The costs of finished goods are then transferred from this Account to Trading Account.
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