Register now or log in to join your professional community.
All company accounts are made in Corporate accounting . We can define it as recording of issue of equity and pref. shares , debentures and rewards.
it is also duty to maintain all routine accounts like sole trade and partnership firm . In normal transactions , we can include purchase , sale , receipt and payement.
In the other side, the manufacturing accounts Manufacturing Account is prepared by the business enterprises that are engaged in manufacturing activities. In order to ascertain the cost of goods manufactured, the Manufacturing Account is prepared. In this account, both direct and indirect expenses relating to the process of manufacturing are recorded
