How to do accounting of commodity future transaction

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
30 May 2011 Dear sir,

Please suggest how to do accounting of commodity future and mcx future transactions. like jeera, gold, silver etc.

30 May 2011 see this link
https://www.caclubindia.com/share_files/guidance-note-on-accounting-for-futures-options-28916.asp

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
30 May 2011 DEAR SIR,

THIS GUIDANCE NOTE SHOWS ACCOUNTING OF EQUITY INDEX FUTURE AND OPTIONS CONTRACT.

I WANT TO KNOW ABOUT ACCOUNTING OF COMMODITY FUTURE CONTRACTS WHICH IS TRADED ON NCEDX OR MCX.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
30 May 2011 NCDEX OR MCX

30 May 2011 Same as that of shares as accounting is on mark to market basis only.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
06 July 2026
C.A./CA Inter OR pursuing C.A./GST/Accounts/Audit/IT - Head

Arvindkumar Maniar & Co.

Rajkot

CA

View Details