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Accounting for option contract

This query is : Resolved 
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(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
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Taranjit Singh

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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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