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Short term capital gain

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 January 2015 What is the Accounting Entry for short term capital gain/loss
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CA Devanand Jethanandani

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CA Devanand Jethanandani (Expert)
09 January 2015 In case of gain,
Asset A/c. Dr.XXX
To short term capital gain/loss a/c. Cr.XXX


In case of loss,
Short term capital gain/loss a/c. Dr.XXX
Asset A/c. Cr.XXX

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