Accounting Entry

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raju v kaklottar (Querist)
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30 June 2011 Dear Sir,
Plz send me
How the acconting entry are made of the individual purchase and sell securities of the share market ??
(Including long term and short term)
with the example
With best regards

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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31 May 2012 Purchase:

Stock (Name of Co)A/c Dr
Commission A/c Dr
STT A/c Dr
To Bank A/c

Sale:

Bank A/c Dr
Commission A/c Dr
STT A/c Dr
To Stock (Name of Co)

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