Accountancy, asked by sadanandahalder55, 4 months ago

Why prepare Trading? ​

Answers

Answered by Puneetop
3

Explanation:

Advantages of Preparing Trading Account Format

It is a very important statement from the cost point of view of the goods. By preparing the Trading account entities can take the decision for continuing or discontinuing a particular product. It helps to earn the maximum profit or reduce the losses.

Answered by ItzAkshra
47

Answer:

Here is your Answer

The trading account is prepared to show the trading results of the business, e.g. gross profit earned or gross loss sustained by the business. It records the direct expenses of a business firm. .. "The Trading Account shows the result of buying and selling goods.

Explanation:

"I hope it's helpful for you"

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