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accounting head

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 May 2010 suppose i have trading account with ABC security, in my books of account ABC will come under which heads of account, if demate account with ACC Co. then?
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CA Shiv

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CA Shiv (Expert)
12 May 2010 you can show it in current asset... no need to show demat account of acc co.
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CA Pradeep Kumar Rajput

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CA Pradeep Kumar Rajput (Expert)
12 May 2010 Open on account in the name of your DP and then do all the purchasing and selling with him..... ie you purchase securities form him and sell the securities to him....
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