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Journal entry for redemption of mutual fund (divident plan)

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(Querist)
24 June 2013 Dear Sir,

I had invested in Tata Infra Mutual Fund (Divident) Rs. 40,000/- in 2006. I redeeemed all my units in Jun 2013 and received Rs. 29,904.52. I had received divident of Rs. 14,375/- during the period (2006-2013). I need your assistance for passing the necessary journal entry.

Thnking you in Advance.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
29 June 2013 Dr: Bank
Cr:Mutual fund investment account
Cr:Dividend a/c

In case any difference need to be charged as loss or gain

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