Anna 108 000
Example 1
The information below was extracted from the books of Daisy and Anna as a
March 2019
N$
162 000
Capital (1 April 2018)
12 000
Drawings
1900
Current account (1 April 2018)
480
Interest on drawings
9720
Interest on capital
1 800
Salaries
2340
Residual share of profit
AN
1500
REQUIRED
(a) Prepare the following accounts in the general ledger of Daisy and Anna.
Capital accounts of partners
ij. Current accounts of partners
Solution
General Ledger of Daisy and Anna
counts section
>how do i balance the current account of partners​

Profits from using currency options and futures.on july 2, the two-month futures rate of the mexican peso contained a 2 percent discount (unannualized). there was a call option on pesos with an exercise price that was equal to the spot rate. there was also a put option on pesos with an exercise price equal to the spot rate. the premium on each of these options was 3 percent of the spot rate at that time. on september 2, the option expired. go to the oanda.com website (or any site that has foreign exchange rate quotations) and determine the direct quote of the mexican peso. you exercised the option on this date if it was feasible to do so. a. what was your net profit per unit if you had purchased the call option? b. what was your net profit per unit if you had purchased the put option? c. what was your net profit per unit if you had purchased a futures contract on july 2 that had a settlement date of september 2? d. what was your net profit per unit if you sold a futures contract on july 2 that had a settlement date of september 2