Shares

Rateesh (Accountant) (95 Points)

17 June 2016  
Dear All, One of my client brother's have credit balance in the broker account. The broker pay out the amount in his name to transfer by the way of RTGS, but my friend brother is expire for the last 1 years and his family close all his Bank account. His mother and brother have one joint account and the broker are ready to transfer the amount in the particular account. My question is what type of Transaction will show in his mother's books of account. Thanks & Regards Rateesh