Entry in tally

This query is : Resolved

sanjay (Querist)
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21 February 2012 Hai Experts & CA
I am Sanjay. My Question is
What will be the entry in case I have redeemed partial units of Mutual Fund?
According to my knowledge, the entry will be
Bank Dr
Redemption A/c
Kindly reply soon.
Regards
Sanjay

Guest

Guest (Expert)

22 February 2012 The entry will be-
Bank a/c Dr.
To investment in mutual fund a/c

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