Question

write the traiding account information withe samples​

Answer 1

Answer:

Opening stock of goods.

Total purchases of goods Less purchase returns.

All direct expenses like Carriage inward & Freight expenses, Rent for godown or factory, Electricity and Power expenses, wages of workers and supervisors, Packing expenses, etc.

Answer 2

Trading account is a statement which is prepared by a business firm. It shows the gross profit of business activities during a specific period. It is a part of the final accounts of the entity. In other words, the trading account gives details of total sales, total purchases and direct expenses relating to purchase and sales.