entry for shares

A/c entries 669 views 2 replies

M purchase shares form xyz company  

 

Of c company qty of shares 100 of 200 Rupees each = amt 20000/-

 

Of b company qty of shares 200 of 200 Rupees each  = 40000/-

 

Of m company qty of shares 200 of 200 Rupees each  = 40000 /-

 

And sells the shares of

 

Of c company qty of shares 45 of 210 Rupees each = 9450 /-

 


Of b company qty of shares 215 of 225 Rupees each  = 48375 /-

 

How to enter this transition in tally using stock option

 

And  book the profit for the same  

 

 

Replies (2)

You have to create a company with the option "Accounts with inventory".

Create the items by the name of co say "b", "c".

then pass purchase entry for purchase and sale entry for sales.

Tally will automatically book the profit.

vedant is right


CCI Pro

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