how to recgnise profit or loss for trader in derivative mark
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 July 2010
one of my clients is a trader in derivative markets both equity and commodity. guide me how to account for the margin money whether it should be shown as current assets.it would be of great help if you could brief me regarding the preparation of trading and profit and loss A/C and balance sheet and also there is transfer of funds by father to son and both the father and son trade individually,how to account for the above .its URGENT
28 July 2010
Read the Guidance note on Accounting for Equity Index and Equity Stock Futures and Options
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
