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Which among the following is a correct accounting entry on payment of margin? a. Date 1-Jan-X1 Particulars

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Which among the following is a correct accounting entry on payment of margin?

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a. Date 1-Jan-X1 Particulars Futures Margin Account To Bank Account (Being the margin amount on purchase of futures paid) Investment Equity Stock Account Date Particulars 1-Jan-X1 To Bank Account (Being the margin amount on purchase of futures paid) b. Date Particulars 1-Jan-X1 Bank Account To Futures Margin Account (Being the margin amount on purchase of futures paid) C. Date Particulars 1-Jan-X1 Bank Account d. To Investment Equity Stock Account (Being the margin amount on purchase of futures paid) Debit (JPY) Credit (JPY) 25,000.00 25,000.00 Debit (JPY) Credit (JPY) 25,000.00 25,000.00 Debit (JPY) Credit (JPY) 25,000.00 25,000.00 Debit (JPY) Credit (JPY) 25,000.00 25,000.00

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Gabriela Rosalía Castro
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Accounting For Investments Equities Futures And Options Volume 1

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