What is a Trading Account?
A trading account is a financial statement prepared by businesses to ascertain the gross profit or loss resulting from trading activities, primarily the buying and selling of goods. It forms the initial segment of the final accounts, preceding the profit and loss account and the balance sheet. The trading account focuses solely on direct revenues and direct expenses,...
English
Arabic
French
Spanish
Portuguese
Deutsch
Dutch
Italiano
Russian
Romaian
Portuguese (Brazil)
Greek