Trading Account

Trading account is a part of income statement and profit loss account which show generation of gross profit through trading activities. Trading account is usually managed by fund manager, investment dealer or personally. Trading account is almost same as an account in which securities held and managed by dealer.

Trading Account

Sidra Farid Final Accounts, Trading Account

Learning Objectives: Define and explain trading account. (What is trading Account ?) What are the items of a trading account. Prepare the format of trading account. What are advantages of trading accounting? Definition and Explanation: A trading account is an account which contains, ”