. The trading account is prepared to find out

Best Answer

Explanation:

• The trading account is a financial statement prepared to find out the gross profit or loss earned by the

manufacturing/merchandise concern during a particular period. 

• It includes direct expenses and income related to the operation of the business. 
• It indicates the efficiency of the business operation. 
• If the debit side is greater than the credit side results in gross loss and if the credit side is greater then the debit side results in gross profit.

Final answer:

Hence, Option A is the correct answer.