what is trading account
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A trading account can be any investment account containing securities, cash or other holdings. Most commonly, trading account refers to a day trader's primary account. ... The assets held in a trading account are separated from others that may be part of a long-term buy and hold strategy.
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Trading account
trading means: buying and selling of goods with an intention of making profit
trading account is nominal account
trading account shows the result of buying and selling of goods for an accounting period
It is prepared to find out the difference the revenue from sales and cost of goods sold.
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