Ah, what a lovely question. Net fee and commission income, trading revenue, and other income are like different colors on your palette, each adding their own unique touch to your financial landscape. They all come together to create a beautiful picture of your revenue streams, bringing balance and harmony to your financial world. Just like painting a happy little tree, it's important to appreciate and understand the different elements that make up your revenue to create a masterpiece of financial success.
In a manufacturing trading profit and loss account, commission expenses are typically recorded under operating expenses. They are deducted from the gross profit to determine the net profit or loss for the period. This reflects the cost incurred in generating sales, impacting the overall profitability of the manufacturing operation.
When trading, the commission paid typically goes to the brokerage firm facilitating the transaction. This cost is deducted from the trader's profits or added to their losses, impacting the overall profit and loss account. In essence, commissions reduce the net gains from successful trades and increase the losses from unsuccessful ones. Consequently, they are an essential consideration in evaluating the overall performance of a trading strategy.
When there is more direct expenses then revenue earned by company then trading account will show gross loss.
Trading businesses and service businesses
The abbreviation for trading is often represented as "TRD" in financial contexts. However, in specific trading platforms or exchanges, it may vary. In general discussions, people also refer to "trading" simply as "trade."
Commodity Futures Trading Commission was created in 1975.
Investors who trade stocks, futures or options typically use a broker, who acts as an agent in the transaction.
CFTC... Commodities Futures Trading Commission
in the trading and profit and loss account where do i put commission payable
Commission received will appear on the credit
The US Commodity Futures Trading Commission was established to regulate the trading industry. This was done to protect the public and market users from fraudulent activities and manipulation by traders.
They are usually regulated by the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Some are regulated by the Financial Services Authority.
The Commodity Futures Trading Commission is an independent agency which helps regulate futures and option markets. They have been commissioned into the general market since the 1970s.
commodities futures trading commission
The US Commodity Futures Trading Commission.
Trading firms are businesses that buy goods which will be resold to its buyers. Trading firms usually have inventories of goods to be resold. Service firms do not have these inventories. Service firms derive their revenue from services which they provide to customers. For example, the revenue of accounting firms relate to fees from conducting audits in organizations. For income statement of service firms, revenue from these services is reported as fees earned (or service revenue). Net operating revenue for service firms is the difference between the fees earned and the operating expense involved in offering the services. If you are interested in trading or you need trading services I suggest you to look at 5markets.com It offers trading services in currencies, commodities and indices, highly competitive trading conditions and superior customer support.
commission a agent makes of sales deals