Journal entry for share trading company
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 April 2013
Dear Sir
I will join an Share trading (Stock Broker )company. But i have a doubt. What are the journal entry for that type of accounts.
Any of you are doing this type company accounts.
kindly tell me......
I will join an Share trading (Stock Broker )company. But i have a doubt. What are the journal entry for that type of accounts.
Any of you are doing this type company accounts.
kindly tell me......
30 June 2013
There are clients and transaction on which commission is earned by the stock broking firms so you have to debit clients and credit commissions and then the sellers account and clients account in case of auction reverse the entry and charge the charges to the customers
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Querist : Anonymous
Querist :
Anonymous
(Querist)
30 June 2013
Thank you Sir
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