Define: Trading Account

UK Accounting Glossary

Definition: Trading Account


Quick Summary of 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.


Full Definition of Trading Account




Trading Account FAQ's



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https://payrollheaven.com/define/trading-account/
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Trading Account. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 20, 2019 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: July 20, 2019).
American Psychological Association (APA):
Trading Account. PayrollHeaven.com. Retrieved July 20, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/trading-account/

Definition Sources


Definitions for Trading Account are sourced/syndicated from:

  • Oxford Dictionary Of Economics
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 4th May 2019.