Accounting for option contract
This query is : Resolved
Govarthan. P
(Querist)
16 April 2008
Dear all i have one doubt regarding accounting of option contract. Here am giving the following datas please tell me the way to account it
For 1st contract: Trade date is 07-11-07 Expiry date is 27-03-08, contract amount is USD 200000 conversion rate is Rs.40. Total INR is 800000/- Margin is 3% i.e 240000
For 2nd contract: Trade date is 07-11-07 Expiry date is 28-05-08, contract amount is USD 200000 conversion rate is Rs.40. Total INR is 800000/- Margin is 3% i.e 240000.
If any other information is required please take an assumnary figure and please solve it
For 1st contract: Trade date is 07-11-07 Expiry date is 27-03-08, contract amount is USD 200000 conversion rate is Rs.40. Total INR is 800000/- Margin is 3% i.e 240000
For 2nd contract: Trade date is 07-11-07 Expiry date is 28-05-08, contract amount is USD 200000 conversion rate is Rs.40. Total INR is 800000/- Margin is 3% i.e 240000.
If any other information is required please take an assumnary figure and please solve it
Taranjit Singh
(Expert)
27 September 2009
If this query is still pending then please post it again by updating......Good wishes.....or you can also send me a PM.
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