Profit and Loss Account of Future and Option Trader.
This query is : Open
24 December 2020
Dear Expert,
Please please help me out with preparing or maintaining Profit and Loss A/c of Future and options trader.
Whether I need to show turnover (Sale Amt) to Cr. side of P&L a/c and Purchase Amt. in Dr. side of P&L a/c.
OR
I just need to show the amount of loss from F&O in Dr. side of Capital A/c.
Please, someone, help me with this issue and share the format of Profit and Loss And Balance Sheet A/c. in excel.
Reg.
Please please help me out with preparing or maintaining Profit and Loss A/c of Future and options trader.
Whether I need to show turnover (Sale Amt) to Cr. side of P&L a/c and Purchase Amt. in Dr. side of P&L a/c.
OR
I just need to show the amount of loss from F&O in Dr. side of Capital A/c.
Please, someone, help me with this issue and share the format of Profit and Loss And Balance Sheet A/c. in excel.
Reg.
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