How to maintain book of accounts share purchase and sales
This query is : Resolved
22 October 2015
Dear Expert,
I have purchase share and also i have sales the share. Please let me know how to this type of accounts maintain in tally. Which entry i will pass.
Thanks,
I have purchase share and also i have sales the share. Please let me know how to this type of accounts maintain in tally. Which entry i will pass.
Thanks,
22 October 2015
In addition to sale and purchase, you need to maintain the record of date, commission etc with respect to each sale and purchase.
You can CREATE the company wise accounts under investment group. say for example
While purchasing
Debit L & T shares
Credit Broker
Debit Broker
Credit Bank
While selling
Debit Broker
Credit L & T shares
Debit Bank
Credit Broker.
(In the narration you can mention the brokerage, STT etc.)
You can CREATE the company wise accounts under investment group. say for example
While purchasing
Debit L & T shares
Credit Broker
Debit Broker
Credit Bank
While selling
Debit Broker
Credit L & T shares
Debit Bank
Credit Broker.
(In the narration you can mention the brokerage, STT etc.)
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TAN for Partnership
- Treatment of Pension ?annuity returns on PMVY
- Soyabean hsn code and gst rate
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- Free lancer income
- LTCG for Assmt year 26-27
- TDS related Query_Liquidated Damages
- NON- SUBMISSION OF LLP FORM 3
- Last year TDS Claim
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
