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What is Non-Trading Concerns?
non trading means which is not related with our business.for eg. we are investing in shares of another company but our main business is manufacturing pen.
What is commodity transaction tax?
This tax is 0.01 percent and it is assessed when trading non-agriculture commodity derivatives. It has the potential to affect the trading of metals, including gold and silver.
Why is it necessary to carry out auditing every year?
It ascertains how far the financial statements as well as the non-financial disclosures present a true and fair disclosure of the concern
What is the difference between trading business and service business?
Trading businesses and service businesses
What is going-concern Assumption?
Going concern is the assumption that the company will be around for the foreseeable future. If an auditor has a going concern issue, he/she may fear that the company will go bankrupt, etc.
What financial statement is prepared first in accounting?
for a manufacturing concern it will be a manufacturing account and for a non manufacturing concern it will be a trading account or a profit and loss account or income and expenditure account.
The similarities between partnerships and sole trading?
sole trading concern partnership and sole trading concern
What is sole trading concern?
single ownership or sole trading concern is run by an individual who enjoys the all profit and bears the all losses
Who was trading a primary concern of?
Trading was a primary concern of early settlers because the resources they brought with them were quite limited. By trading with natives and those they came upon, they were able to sustain themselves and thrive.
Merits of sole trading concern?
less chance of conflict
What concern would Arabian nomads have the most?
the most important would be trading animals for supplies
What is Non-Trading Concerns?
non trading means which is not related with our business.for eg. we are investing in shares of another company but our main business is manufacturing pen.
Free non sport trading card price guide?
The non-sports trading card industry standard price guide is produced by NSU magazine.
What is web based computing?
web based computing is nothing but a transaction done by through online, n the trade n non trading concern done their business on through online n maintaining book of accounts through internet....
Why should inside trading be legal?
Insider Trading, which is trading on material non-public information, is ILLEGAL.Insider's Trading, which is officers of a company buying or selling shares of their own companies, is LEGAL.
What is Trading assets and non trading assets with examples?
Trading assets are those that are managed by banks who have securities that they trade. These help them to make more money from the process.
What is the definition of non trading organization?
what is the definition of non trading organisations? A non-trading company has no significant accounting transactions, which simply means no entries in the company's accounting records and which generally are not engaged in trading of goods or services and thus the books of accounts comprises of only the sources of Income and expenditure earned/incurred during a given period. This is useful for non-profit organizations such as Trusts, Educational Institutions, NGOs, and Hospitals etc.
