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Manufacturing account, on the other hand, is a financial statement which shows production costs
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What is the difference between trading business and service business?
Trading businesses and service businesses
What is a commodity trading account for?
A commodity trading account is needed to trade commodities. One can use a commodity brokerage also, which would assist in the trading or purchasing of commodities.
What is the definition of a trading account?
A trading account is simply an account that allows you to buy or sell securities and/or company stock. It's what you need if you want to start investing on your own.
When does a trading account show a gross loss?
When there is more direct expenses then revenue earned by company then trading account will show gross loss.
Difference between trading account manufacturing account?
A Trading Account is a Final and financial statement drawn by a firm at the end of their accounting period showing the relationship that existed between their Sales volume and Purchases and the Gross profit or loss arrived. When Net Sales exceeds the Cost of Sales then there is Gross Profit. However, if the Cost of Sales exceeds the Net Sale(Sales less Return Inwards) then there is Gross loss. A Manufacturing Account is part of the Final accounts drawn by a manufacturing entity before drawing the Trading Account. Since the firm is engaged in the manufacturing or converting of raw materials to finished goods,they express the monetary value of Prime Cost(Direct Materials + Direct Labour + Direct Expense) and Overheads( Sum of all Indirect cost) to determine the cost of Production.
What is the difference between trading a demo account and trading a live account?
Basically they are the thing but with one huge difference - while trading a LIVE account emotions gets in the way and interfere with the trader's decisions. That's the main reason why a lot of traders who done well trading the demo account can't get the same results with a live account. Greed and fear are usually what make traders lose their mind and eventually their money.
What is difference between day trading and intraday trading?
Day trading is the act of trading intraday. There really isn't any difference. Only different terminologies used by different people.
Difference between trading accounts and non trading account?
a company who is engaged in the business of purchase and sale of any product then they will prepare trading account in order to know their trading profit.but the company who is not engaged in the business of purchase and sale like service providing company, they are providing their services only then they will prepare on P/L A/c not trading account.I have no idea to what the above statements are referring to, but in relation to runescape, trading accounts would be in itself, trading accounts (switching accounts with another player). Non-trading accounts I would assume to be an account banned from trading with other players.
What is the difference between trading business and service business?
Trading businesses and service businesses
What is the difference between margin trading and credit given by stock brokers?
Credit given by stockbrokers IS margin trading.
What does the day trading term arbitrage trading mean?
Arbitrage trading is trading that takes advantage of a difference in price between two or more different markets, to make a profit equal to the difference in the market prices. Arbitrage trading is useful in banks and brokerage firms.
What is commodity trading or exchange?
commodity trading is the trading of primary products on exchange. spot trading and future trading of comodities are done to take advantage of difference between current and future prices.
What is CFD trading?
A CFD trading, or Contract for Difference, is an agreement between two parties to exchange the difference between the opening price and closing price of a contract. Trading option to trade the change of price in multiple commodity and equity markets, with leverage and immediate execution.
What is online trading account?
An online trading account is what you establish if you want to trade online. When you buy and sell stocks online, you use an online broker. There are many different types of accounts you can open online: individual and joint, custodial accounts for your children, and retirement accounts. In terms of online trading accounts, you must choose between a cash and margin account. I encourage you to wikipedia this further and do research to see which account suits you best.Answer:An online trading account allows you to buy/sell stocks, commodities, etc. online. For trading in stock markets it is necessary to have a trading account. An online trading account facilitates the user to trade from the ease of the home using internet. One can open an online trading account from reputed stock brokers in India like GEPL Capital.
What is the difference between accounts only and accounts with inventory in tally?
account only particular ledger ,account with inventory deals with item and groups of item In account only we cannot deals with stock entry ,But in accounts with inventory we can deal with stock entry . Account only deals with firm.But Accounts with inventory deals with manufacturing and trading.
Difference between trading blocs and trading blocks?
Trading blocs are groups of countries that have formed agreements to reduce trade barriers and increase economic cooperation, like the EU or NAFTA. Trading blocks, however, is a term less commonly used and can refer to specific sectors or groups of securities within the trading market. The two terms are distinct and relate to different aspects of trade and markets.
What is the difference between a trading discount and a discount allowed?
1 billion equable whats?
