Format of Trading Account
Trading A/c
For the year ending ...............
Dr. Particulars Amt Particulars Cr. Amt
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To Opening Stock A/c xxx By Sales xxx
To Purchase A/c xxx Less: Returns Inward xxx
Less: Purchase Returns or Returns Outward xxx By Closing Stock xxx
To Wages A/c xxx
To Wages and Salaries xxx
To Direct Expenses xxx
To Carriage Inward xxx
To Carriage on Purchases xxx
To Power, Fuel, and Power xxx
To Freight and Carriage xxx
To Manufacturing Expenses xxx
To Factory Expenses xxx
To Factory Lighting xxx
To Factory Rent xxx
To Dock Charges or Cleaning Charges xxx
To Import Duty or Custom Duty xxx
To Royalty xxx
To Gross Profit (Bal. Fig.) xxx
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TOTAL xxx xxx