Accountancy, asked by atharvkshirsagar07, 4 months ago

trading account is prepared to find out​

Answers

Answered by TahaTambe
0

Explanation:

Trading Account is prepared to know profitability of business due to buying and selling or manufacturing and selling. It shows the profit from the main business; buying and selling other than the business isn't included in Trading Account. ... It shows the gross profit or gross loss during an accounting year.

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