banner_ad

Accounting for Future & Option and cash market

This query is : Resolved 
Profile Image

Profile Image

(Querist)
11 January 2008 Dear sir,

kindly , guide me as how to account for
future exchange traded contracts.

thanks
Profile Image

jasmin

Profile Image

jasmin (Querist)
11 January 2008 I wish to know the accounting for F& o segmants
Profile Image

Jaina Shah

Profile Image

Jaina Shah (Expert)
22 May 2008 For trading in FUT & OPT
1) Pur
Share investment A/c Dr.
STT A/c Dr.
To Share Brokers' A/c
2) Sale
Share Brokers' A/c Dr.
STT A/c Dr.
To Share investment A/c

For IPO
1) When Applied for (pymt)
Share Application A/c Dr.
To Bank A/c
2) when alloted (JV)
Share investment A/c Dr.
To Share Application A/c
3) Remaining Amt when recd(Rcpt)
Bank A/c Dr.
To Share Application A/c
Finally Share Application A/c Should show NIL Bal
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
ARTICLESHIP 02 May 2026
Accounts and Audit Assistant

Kothawade and Laddha

Thane

B.Com

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
02 May 2026
Experience Audit Manager

AGGARWAL SAMIR & CO

New Delhi

CA Inter

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details