29 March 2010
pls clerify intra day profit in share book either as profit or as purch. and sale
for example
29.03.10 purchase 100 share of tata @ 1000/- sale 100 share of tata @ 1050 both are transacion in a same day should i book as net profit 100@ 50/- cash or bank a\c dr. 5000 intra day profit cr. 5000 or should i book as sale and purch.
pruchase dr. 100000 sale cr. 100000
this type of transaction has made in croe in a day
CAclubindia
