Accountancy, asked by vikaschavan1071, 3 months ago

Trading account is prepared to find out?

Answers

Answered by dakshitagowda

1

Answer:

The trading account is prepared to find out ,Trade activities of a particular company

Answered by sakshi343725

1

Trading account is prepared to find out the direct profit on the product sold.. This includes the sales and closing stock as credit item and purchases and direct expenses as debit them.. The result of trading account shows gross profit or loss..

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