the only answer i have for this question is:-
If you sell items to Debtors, but then rent out part of your premises to another party, that Rental income would go into a non trade debtors account.
Another big one for this would be for sale of fixed assets - i.e. plant & equipment.
i would like to know in what circumstances would a non trade debtors control account be used?
No you would use a purchase day book, where the principles are the opposite to the sales day book. Eg credit purchases, credit vat and debit the plca (debtors account)
It depends on the bank and the circumstances. The amount might be held out of the maker's account immediately or it might be taken out overnight.
Trade accounts are directly linked to core business activity whereas non trade accounts are not. If you are a supermarket, a trade transaction would occur with a supplier, a non-trade transaction could relate to employee benefits.
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.
i would like to know in what circumstances would a non trade debtors control account be used?
You cant trade an account
Debtors.
Your best bet is a community, online, or trade college. It all though depends on what those "Circumstances" are. Talk with someone in student services at a college you would like to attend.
no cause i did it before i hope that helps :D
A financial advisor would be able to advise one how to set up a trade account with CFDS. There are also any number of websites that can arrange this for one
No you would use a purchase day book, where the principles are the opposite to the sales day book. Eg credit purchases, credit vat and debit the plca (debtors account)
ok here is the real answer NO you can not trade you can gift ppl items but they can scam you same with if you could trade but you would have to know the process like: if you want to trade an item then they take it then they could scam you but if you both had to click YES I WANT TO TRADE (if there was any trading) then it would be safe but what i know for sure ppl have been smart like they would make another account and get sc stuff and gift them to there real account by: jango runeclutcher
It is no more difficult to trade Pfizer stock than it is to trade stock from any other company. Depending on the company you use to manage your portfolio, you would just log in to your account or contact your broker as you would with any other trade.
It depends on the bank and the circumstances. The amount might be held out of the maker's account immediately or it might be taken out overnight.
Depends. If you want to trade for cash, going to a Bank or to the nearest cambio/forex counter would be ideal. if you want to engage in forex trading for profits, then you would have to open account with a forex broker and trade with them.
In most countries, where a license, is required, it would be illegal to drive no matter the circumstances. However, depending on the situation, it is likely the authorities would take into account any special circumstances especially if they were life threatening.