Share purchase Sale & profit entry

Sandeep Jain (Pivate) (1384 Points)

05 February 2022  

Dear Sir,

please suggest below entry is correct or need to change.

share purchase entry.

Investment In share ( Investment) Rs.31000/- Dr.
State Bank 31000/- Cr.

Sale entry.

State Bank 39400/- Dr.
Investment in shares 39400/- Cr.

investment in shares 8400/- Dr.
Short term Capital gain 8400/- Cr.( Capital account)