What is the account value in console Zerodha?

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Following is the calculation of Account Value in Console Zerodha:

Account Value = Cash Balance + Margins Blocked + Holding Value + Pledge Value + Long Options Value - Short Options Premium

Cash Balance = The Closing Balance as per the Funds Statement (ledger)
Margins Blocked = SPAN + Exposure Margin Blocked
Holdings = Present Value of Holdings
Pledge holdings = Present Value of Pledge Holdings
Long Option Value = Present Value of Long Options
Short Option Premium = The Present Premium Value of Short Options

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