1.

Sold 20 shares at rupees 65 per share journal entry​

Answer»

ong>Explanation:

Buyer prospective

Shares(company) a/c. dr

To BANK a/c

Brokerage a/c. dr

To BANK a/c

(Here you can also debit p&L a/c)

SELLER prospective

remember one thing here 2 parties INVOLVED one is broker and one is company,

Company

Bank a/c Dr

To SHARE CAPITAL a/c

Broker

Bank a/c Dr

To sales a/c



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