Trading Account

Business, Legal & Accounting Glossary

Definition: Trading Account




What is the dictionary definition of Trading Account?

Dictionary Definition


The part of a profit and loss account in which the cost of sales is compared with the money raised by their sale in order to arrive at the gross profit.


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https://payrollheaven.com/define/trading-account/
Modern Language Association (MLA):
Trading Account. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. August 06, 2021 https://payrollheaven.com/define/trading-account/.
Chicago Manual of Style (CMS):
Trading Account. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/trading-account/ (accessed: August 06, 2021).
American Psychological Association (APA):
Trading Account. PayrollHeaven.com. Retrieved August 06, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/trading-account/

Definition Sources


Definitions for Trading Account are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 12th July, 2019 | 285 Views.