Trading account
Trading account
Glossary of business
Definition of trading account
The trading account is the top section of the profit and loss account that shows the trading performance of the firm. It shows their total sales and the cost of sales - therefore showing their gross profit. The other sections of the overall profit and loss account are the profit and loss account and the appropriation account.
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Terminology about business
Job world
Definition and meaning of trading account
Meaning of trading account
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