Comment on BTST/ATST( Buy/Acquire Today Sell tomorrow)

Venu commented on 21 Jan 2016, 12:43 PM

It would depend on the method of accounting you’re following. If you’re following FIFO, then the average price will be 1005 (last 8 purchase price). If you’re following weighted average method, your average price will be 1000 {(995*10)+(1005*10)}/20 = Rs.1000.
Just make sure the method of accounting is kept consistent.

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