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Closing position of f&O
if trader her long position is f&O at 31st March then where to show such position in balance sheet along with margin deducted on it.where to show margin of this in balance sheet
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Quick Summary
You may consider it as investment based on Market value or you may adjust in proprietor capital.
Profit or loss will be for FY in which the position is closed
Profit or loss will be for FY in which the position is closed
And the treatment of spam and exposure margin show in broker ledger
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