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argue for and against the usage of historical cost in preparation of final account

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What are the argue for and against historical cost as a principle of accounting in the preparation of final account of a sole trader?

What are the argue for and against historical cost as a principle of accounting in the preparation of final account of a sole trader?


A person who turns against his or her country is a?

trader


Is eBay account sole trader?

An eBay account is not inherently a sole trader; rather, it is a platform that allows individuals or businesses, including sole traders, to sell goods and services. A sole trader is a specific legal business structure where an individual operates their business independently. If someone operates an eBay account solely for their own business activities without forming a separate legal entity, they can be considered a sole trader. However, the eBay account itself is just a tool for selling, not a business entity.


What is the budget and cost and concept of an indigenuos trader and a sole trader?

The budget and cost and concept for the indigenous trader and sole can vary depending on the company's budget. If there is not a deficit in the account then the budget cost can increase.


Are the profits for selling covered calls in a taxable brokerage account considered earned income?

Not unless you are a professional trader. If you are a professional trader, you would know it.


What is a margin check?

A margin check is a process used by brokerage firms to ensure that a trader's account maintains sufficient equity to cover the required margin for their open positions. It involves reviewing the account's balance against the margin requirements set for each trade. If the account falls below the required margin level, the broker may issue a margin call, requiring the trader to deposit additional funds or liquidate positions to meet the necessary equity. This is crucial for managing risk in leveraged trading.


What is the difference between a day trader and a prop trader?

A day trader is a trader who buys and sells financial instruments (eg stocks, options, futures, derivatives, currencies) within the same trading day such that all positions will usually be closed before the market close of the trading day. - An institutional day trader is a trader who works for a financial institution. - A retail day trader is a trader who works for himself, or in partnership with a few other traders. A retail trader generally trades with his own capital, though he may also trade with other people's money. A proprietary trader ("prop trader") is a trader who trades securities on the account of the institution he/she works for, not for client-based business.


When one person goes against their country its called?

treason and they're called a trader


Does Trader Joe's's use telecheck?

Yes, Trader Joe's accepts checks through a service called Certegy Check Services. This service verifies the funds in the customer's account before accepting the check as payment.


What are the importance of a bank current account to a trader?

High interest rate, Overdraft, access to long and medium term loan


What is the role of currency traders?

A currency trader buys and sells currencies. For example, a trader may have dollars but believe the dollar will fall against the pound, so he might use his dollars to buy pounds.


What are some motorcycle trader companies?

There are many motorcycle trader companies. For example; Cycle Trader, Australian Motorcycle Trader, Trader Online, Auto Trader, Mag Shop and Motorcycle Trader.