The difference between a trading account and a manufacturing account is that while the manufacturing...

Accounts - Principles of Accounts

JAMB 1997

The difference between a trading account and a manufacturing account is that while the manufacturing account

A. has no particular period, the trading account has
B. does not consider the cost of goods involved, the trading account does
C. is concerned with the cost of production, the trading account is not
D. is not concerned with the stock of raw materials the rading account is

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Correct Answer: Option C

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The difference between a trading account and a manufacturing account is that while the manufacturing...

Correct Answer: Option C

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