date for share purchase for accounting purpose

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Sharwan (Querist)
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04 September 2016 on which date share transaction shuld be accounted? trade date or stattlemnet date ? (as a investor)

ACA Anurag (Expert)
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04 September 2016 Dear Sharwan,

it should be accounted on trade date as such amount automatically deduct from your reserve account kept with broker.

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