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"Trading securities are debt and equity securities that the company intends to actively manange and trade for profit." (Chiappetta, Larson, Wild, Fundamental Accounting Principles, 18th Ed., McGraw-Hill 2007, page 589)
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Which marketable securities are reported at cost on the balance sheet date A. Trading securities B. Trading and held-to-maturity securities C. Available-for-sale securities D. Held-to-maturity secur?
C
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.
Difference between available for sale securities and held for trading securities?
Held for trade securities are stocks and bonds that are held with intention of selling in order to generate profits. Therefore there will be a selling price and all unrealized gains and losses are reported on the income statement. The Available for Sale securities are bonds and stocks that are sold with no intention of profit and all unrealized gains and losses are included in Other Comprehensive Income. Both need yearly fair value adjustments.
What is a Subsidiary General Ledger account held with the Public Debt Office of the Reserve Bank of India?
The Central Bank makes it mandatory on all commercial banks to invest a certain percentage of their liabilities [(only demand) or (demand and time both)] in government securities viz. T-Bills, Bonds etc which is called Statutory Liquidity Requirement. These securities are parked in an account maintained with the Central Bank which is called Subsidiary General Ledger. The main purpose of this account is the holding and trading of government securities. Why is holding separated from trading? B/c holding is the minimum requirement. Trading comes in case of Excess Securities which can be traded by the commercial banks. For example, if a commercial bank is carrying a short position, and has excess securities available, it will borrow from the interbank against security (called Repo)while comlying with the minimum requirement. This involves movement of SGLA (subsidiary General Ledger accounts). Entry will be as follows: Current Account (commercial bank) debit SGLA credit The Central Bank makes it mandatory on all commercial banks to invest a certain percentage of their liabilities [(only demand) or (demand and time both)] in government securities viz. T-Bills, Bonds etc which is called Statutory Liquidity Requirement. These securities are parked in an account maintained with the Central Bank which is called Subsidiary General Ledger. The main purpose of this account is the holding and trading of government securities. Why is holding separated from trading? B/c holding is the minimum requirement. Trading comes in case of Excess Securities which can be traded by the commercial banks. For example, if a commercial bank is carrying a short position, and has excess securities available, it will borrow from the interbank against security (called Repo)while comlying with the minimum requirement. This involves movement of SGLA (subsidiary General Ledger accounts). Entry will be as follows: Current Account (commercial bank) debit SGLA credit
What are the several categories on non current assets and the method of accounting for each categories?
Non-current assets are those that a company intends to keep longer than 12 months. These include investments and fixed assets. Investments include items such as trading securities, avaialable-for-sale securities, and held-to-maturity securities. Fixed assets includes items such as buidlings, land, and equipment
Which marketable securities are reported at cost on the balance sheet date A. Trading securities B. Trading and held-to-maturity securities C. Available-for-sale securities D. Held-to-maturity secur?
C
Trading securities are debt securities that the investor has the intent to hold to maturity?
trading securities are not necessarily debt securities. trading securities can be defined as securities which investors buy for the purpose of further trade, they can be stocks of any companies, Government securities and debt securities with the intention to trade in near future. debt secrities can be trade or can be hold by investor till maturity. Government securituies can also hold till maturities.
Who do trading in securities exchange?
Investors...
Unrealized holding gains or losses which are recognized in income are from securities classified as?
Trading securities
What government agency overseas the trading of securities?
The Securities and Exchange Commission or SEC for short.
Where does the trading of securities take place?
stock exchange
What are securities exchanges?
Modern securities exchanges in the United States are voluntary entities organized for centralized trading
What has the author Donald C Langevoort written?
Donald C. Langevoort has written: 'Insider Trading Handbook 1987 (Securities Law Series)' 'Insider trading' -- subject(s): Insider trading in securities, Law and legislation
When does insider trading occur what government agency is responsible for protecting against the unethical practice of insider trading?
insider trading occurs when someone has information not available to the public and uses the information to profit from trading publicly traded securities. The Securities and Exchange Commission protect against insider trading.
What year did the us government deregulate the securities trading business?
1970
Example of trading securities?
Short term investments that are very liquid.
What has the author Jon D Markman written?
Jon D. Markman has written: 'Online Investing' 'The new day trader advantage' -- subject(s): Day trading (Securities), Electronic trading of securities
