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    FZairi's Avatar
    FZairi Posts: 2, Reputation: 1
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    #1

    Feb 23, 2007, 04:03 PM
    Principle of accounting,budgeting and credit control
    :confused: Explain the diference between a merchandising and a manufacturing income statement..
    Morganite's Avatar
    Morganite Posts: 863, Reputation: 86
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    #2

    Feb 23, 2007, 06:02 PM
    Quote Originally Posted by FZairi
    :confused: Explain the diference between a merchandising and a manufacturing income statment..
    Merchandising is what you sell.

    Manufacturing is what you actually manufacture/make.


    M:)
    specfor18z's Avatar
    specfor18z Posts: 3, Reputation: 1
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    #3

    Feb 24, 2007, 04:50 PM
    Merchandising Operations have a Cost of Merchandise Sold Expense account.

    Manufacturers Expenses are the resources used to manufacture the goods.

    It is still Revenues minus Expenses
    FZairi's Avatar
    FZairi Posts: 2, Reputation: 1
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    #4

    Feb 24, 2007, 05:33 PM
    Thx. A lot its short but clear...
    Cous me I have just found a long defenition... :)
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