Trading account example. Define and explain a trading account. The account which is prepared to determine the gross profit or gross loss of a business concern is called trading account. If its credit side exceeds it represents gross profit and if debit side exceeds it shows gross loss.

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Introduction Video - Trading account example

Trading and Manufacturing Account (Simple explanation with solved problem) :-by kauserwise







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  • Meaning of trading profit and loss account and balance sheet. Format and example of profit and loss account. Format and example of balance sheet.

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