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Dividend reinvestment

This query is : Resolved 
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(Querist)
13 August 2012 Pls. guide how to make accounting entry for dividend reinvest in Mutual Fund SIP.
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Nachiket Vasantgadkar

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Nachiket Vasantgadkar (Expert)
13 August 2012 Mutual Fund Investment A/c - DR.
Dividend Received - CR.
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Sanjay Kavadia

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Sanjay Kavadia (Querist)
24 February 2013 But for dividend reinvest plan in mutual fund, dividend is not received in my hands. It is automatically reinvested.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
06 August 2023

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