finance accounting is use full to account. and trading and profit and loss a/c and balance sheet. the uses to buisness planing and other doucantes ments. tradind is buisness expentniture and other expeness and gross profit. profit /loss rent salaries and other expense and total net profit. balance sheet is debit side is currut and fixed assest and credit side is currut liabitties and fixed assest. and buisness profit and loss sharing the partners.