Proit or Loss of Futures
This query is : Resolved
15 September 2010
I want to know that when to calculate profit or loss in futures , when expiry date comes of the contract or when the person books shares for future & sold them before expiry date of contract?And please also tell me the method of calculation should it be wheighted average or fifo?
15 September 2010
download the file for the accounting part
https://www.caclubindia.com/share_files/guidance-note-on-accounting-for-futures-options-28916.asp
https://www.caclubindia.com/share_files/guidance-note-on-accounting-for-futures-options-28916.asp
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