Differentiate Between the Individual Database and the Company Database

question 34

Short Answer

Differentiate between the individual database and the company database.

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Definitions:

Realized Gain

The profit made from the sale of an asset or investment which has been sold for more than its purchase price.

Market Value

The present rate at which a good or service is available for purchase or sale in the open marketplace.

Common Stock

A form of corporate equity ownership, a type of security representing an ownership interest in a corporation.

Sale Date

The specific date on which a sale transaction is recognized in the accounting records, marking when the ownership and risks of goods pass from the seller to the buyer.