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WEEK 2
TOPIC: MANUFACTURING ACCOUNT
CONTENTS:
Sub-topic 1: INTRODUCTION TO MANUFACTURING ACCOUNT
Manufacturing accounts are prepared by manufacturing companies to show the cost of goods produced. The activities of such organizations go beyond buying and selling into the production of certain goods. The manufacturing account is prepared before the trading and profit and loss account. The combination of all the accounts is referred to as manufacturing, trading, and profit and loss account.
Purpose of manufacturing account
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