Prashanthi doesn’t keep good financial records, She will not be aware of whether or not she has to sell a stock or purchase more shares. This is further explained below.
Generally, Documents known as financial records are those that either give proof of company transactions or summarize them. An important component of every accounting department is a collection of financial data that have been meticulously structured. Invoices and receipts are two types of documents that may be included in the most precise level of financial records.
The three most common types of investment income are interest, dividends, and capital gains. Investment income is defined as money produced by financial assets or financial accounts. Interest is paid on bonds, dividends are paid on stocks, and capital gains, which are another term for profits, may be made from any investment.
In conclusion, Due to the fact that Prashanthi does not maintain accurate financial records, she will be unaware of whether or not it is necessary for her to sell a stock or buy additional shares.
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