Option Accounting

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Hi,

How are options getting accounted in IGAAP.What is the treatment fo Premium paid at the time of taking options?

Replies (2)

Premium paid on option is treated as under:

 

Option premium a/c dr

to bank

 

and at the end, (in both excercise n non exercise)

p&l dr

to option premium

agree with Mr. Vinay

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