Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

How do you differentiate between trading accounts and non trading accounts?

user-image
Question added by Abdul Rahim Said Rahim , Senior Executive - Business Development , Al Ruwais Plastic Products Trading LLC
Date Posted: 2013/06/20
Nafiha Nasar
by Nafiha Nasar , HR & ADMINISTRATION , PROMAG

A company which is engaged in the business of purchase and sale of any product then they will prepare trading a/c inorder to know their trading profit.
But the company which is not engaged in the business of purchase and sale like service providing company,they are providing their services only then they will prepare on profit or loss a/c not trading a/c.

More Questions Like This