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1. Trading account is a----------account.
(A): All of these
(B): Nominal
(C): Personal
(D): Real
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MCQ->Many times we read aboutFuture Trading in newspapers.What is Future Trading ? (i) It is nothing but a trade betweenany two stock exchanges whereinit is decided topurchase the stocks of each otheron a fixed price throughout theyear.(ii) It is an agreement between twoparties to buy or sell an underlyingasset in the futureat a predetermined price.(iii) It is an agreement betweenstock exchanges that they will nottrade the stocks of eachother under any circumstances infuture or for a given period oftime.....
MCQ->Trading account is a----------account.....
MCQ->Income and Expenditure Account:Profit and Loss Account Surplus:Profit Deficit:Loss Receipts and Payment Account:---------?....
MCQ->Income and Expenditure Account:Profit and Loss Account Surplus:Profit,Deficit:Loss Receipts and Payment Account:---------?....
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