Trading account, Gross profit vs net profit, closing stock, cost of goods sold, Gross Margin - Part 11 of 12
PDF available on my google form: forms.gle/AGafv9jZiKqABLT8A
Link for full consolidated video: • Financial Accounting i...
Trading account,
Manufacturing and Trading account,
Transactions related to manufacturing,
Trading account is important statement from cost point of view,
Trading account help maximize the profit and cut losses,
Trading account helps sales tax authorities,
Raw materials,
Semi finished goods,
Fully finished goods,
In progress goods,
opening stock,
closing stock,
opening inventory,
closing inventory,
opening stock formula,
closing stock formula,
car manufacturing trading account,
unsold goods,
closing stock calculation,
preparing trading account,
cost of purchases,
cost of sales,
purchase returns,
sales returns,
net purchase value,
net sales value,
direct costs,
indirect costs,
back office administration costs,
direct revenue,
net sales,
other revenue,
trading account calculation,
cost of goods sold,
cogs,
net sales + direct revenue + opening stock - net purchases - cogs - closing stock,
gross profit,
Trading account, Gross profit vs net profit, closing stock, cost of goods sold