purchase of shares of a company dt 02.02.2016 qty 100 @ 200 and sales of 100 out of 200 as on 31.03.2017 @ 210/-
what is the book profit also show in excel hw to do it
Samir
(Accountant)
(116 Points)
Replied 27 December 2017
i want in words which normal humanbeing understand
satish
(teaching)
(2046 Points)
Replied 27 December 2017
coming to your question:
How can you sold 100 out of 200, when acquired only 100 shares?
is there any bonus shares in 1:1 proportion.
or
Is the there any opening shares or missing info?
Check your question?
Samir
(Accountant)
(116 Points)
Replied 29 December 2017
purchase of shares of A company dt 02.02.2016 qty 100 @ 200 and sales of 50 out of 100 as on 31.03.2017 @ 210/-
how to book profit on this kindly show this working in excel also
thanks in advance
satish
(teaching)
(2046 Points)
Replied 29 December 2017
Sale Proceeds (50shares X Rs. 210) = 10,500
Less: Cost of investment
(50 shares X Rs. 200) = 10,000
Profit on sale of shares 500
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