journal entry
Renu Malik (4 Points)
31 July 2019
Bought 100 shares in Bharat Ltd. @ Rs. 15 per share, brokerage paid Rs. 30.
3 Replies
Rushabh Kawade
(4 Points)
Replied 01 August 2019
Shares in equity A/C ......Dr. 15×100=1500
Brokerage........ Dr. 30
To Bank. 1530
Brokerage........ Dr. 30
To Bank. 1530
Vinay Nv
(Finance and accounts)
(28 Points)
Replied 09 August 2019
under which account are we going to create SHARE ON EQUITY.....?
Prakash Patel
(8 Points)
Replied 11 August 2019
investment in share a/c ...Dr. 100*15+30=1530 and if it is paid by cheque then bank a/c CR.or by cash then Cash a/c Cr..to 1530.
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