Vertical Presentation of Manufacturing Account
It is more common to draw a Manufacturing Account in a statement, or vertical form. The statement form of preparing final accounts is considered more advantageous and is therefore in greater use. The Manufacturing Account will appear as follows in vertical form:
About the Author
True Tamplin, BSc, CEPF®
True Tamplin is a published author, public speaker, CEO of UpDigital, and founder of Finance Strategists.
True contributes to his own finance dictionary, Finance Strategists, and has spoken to various financial communities such as the CFA Institute, as well as university students like his Alma mater, Biola University, where he received a bachelor of science in business and data analytics.