What types of accounts should a textile trader have in their chart of accounts?
Bookkeeping for Textile and Clothes Bookkeeping for Textile and Clothes Sure, here are the types of accounts that a textile trader should have in their chart of accounts: 1. Assets: These are resources owned by the business, such as cash, accounts receivable, inventory, and property, plant, and equipment. 2. Cash: This is the money… Read More »