Mark to market
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 May 2012
What is mark to market in securities?
provide any reference towards mark to market?
provide any reference towards mark to market?
CA PARAS BAFNA
(Expert)
31 May 2012
Let us have an example...
.
Purchased Security or Future of A Ltd @ 420
.
At the close of the day closing rate of the same is 430.
.
Marked to Mkt A/c is Credited by @ Rs 10/- and the FUture will be shown at 430.
.
In this way the daily price difference is tfd to M2M a/c the security is shown at the
Closing Rate.
.
At the time when the Future is sold,
Profit is decided by -
1. Sale Price- Last Day Price (Opening Price or M2M Rate)
2. Balance in M2M A/c .
.
.
Purchased Security or Future of A Ltd @ 420
.
At the close of the day closing rate of the same is 430.
.
Marked to Mkt A/c is Credited by @ Rs 10/- and the FUture will be shown at 430.
.
In this way the daily price difference is tfd to M2M a/c the security is shown at the
Closing Rate.
.
At the time when the Future is sold,
Profit is decided by -
1. Sale Price- Last Day Price (Opening Price or M2M Rate)
2. Balance in M2M A/c .
.
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
- Tax on Amount transferred in HUF Account
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Nursery business
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- TDS on Dashcam rent and allied services
- Intimation under section 245
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Urd purchase entry in tally prime
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
