Accountancy, asked by mahantasanju2019, 11 months ago

what is trading account ? why it is prepared ?​

Answers

Answered by Alyrock007
10

Answer:

Trading account assets refer to a separate account managed by banks that buy U.S. government securities and other securities for their own trading account or for resale at a profit to other banks and to the public, rather than for investment in the bank's own investment portfolio.

Similar questions