Why prepare Trading?
Answers
Answered by
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
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"
Similar questions
Computer Science,
2 months ago
Math,
2 months ago
English,
2 months ago
Environmental Sciences,
4 months ago
Math,
4 months ago
Physics,
1 year ago
Physics,
1 year ago