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A dealer of shares usually has large number of shares of different companies with him. How does he record those shares: As current investment or inventory (as it is his business) ?


Aman Mahajan

Aman Mahajan

CA Inter

18K+

29-Jan-21 07:22

24

Answers (5)

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evolvo o

evolvo o

CA Inter

6K+

29-Jan-21 08:10

Broker do not own shares.


Suraj Lakhotia

Suraj Lakhotia

Admin

29-Jan-21 10:23

Broker do not own shares.

I know, thatâ??s why I asked for dealers. A stock dealer is a financial professional who buys and sells securities for their account. The term stock dealer doesn't describe just anyone buying and selling securities â?? It only applies to those who do so as a part of their business.


Aman Mahajan

Aman Mahajan

CA Inter

18K+

29-Jan-21 10:43

Its not relevant in Indian Context.

Meaning there are no stock dealers in India?


Aman Mahajan

Aman Mahajan

CA Inter

18K+

29-Jan-21 16:37

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