tally prime closing stock entry
stock purchase entry
1. Buying stocks as tradable financial assets:
- Borrowing: Trading financial asset-cost
dividends receivable
Return on investment (transaction fee)
Credits: Bank deposits
2. Buying stocks as investments in other equity instruments:
- Borrowing: other equity instrument investment-cost (sum of fair value and transaction cost)
dividends receivable
Credits: Bank deposits
3. Buying stocks as a short-term investment:
- Borrowing: Short term investments-stocks
Credits: bank deposits (if the actual purchase price for the stocks includes the declared but undistributed cash dividends, it shall be calculated based on the actual purchase price and relevant taxes after deducting the declared but undistributed cash dividends. The entry is: Borrowing: short-term investment/long-term equity investment dividends; Credits: bank deposits)
4. When an enterprise purchases stocks as a long-term investment, it should be recorded at cost. If several stocks are purchased at one time, their cost can be allocated according to the market price of each stock according to the weighted-average method. If only one of the stocks purchased at one time has a certain market price, the entire price can be allocated as the cost of the stock according to the known market price. The entries are: Borrowing, Long-term equity investment loan, Bank deposit and other related subjects.
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1 answer
2026-02-07 17:17
Purchasing stock handling fee accounting entry
The handling fee incurred from the purchase of stocks shall be recorded in the investment income account. The accounting entries were: when acquiring the transaction financial asset, borrow: transaction financial asset (cost), investment income (handling fee and other related transaction costs), loan: bank deposit, etc. The transactable financial assets here were mainly financial assets held by enterprises for the purpose of selling in the near future, such as stocks purchased from the secondary market by enterprises for the purpose of earning price difference. The relevant transaction costs referred to the new external costs directly attributed to the purchase, distribution or disposal of financial instruments, including the handling fees and commissions paid to agencies, consulting companies, dealers, etc., and other necessary expenses.
The novel "Ledge" is equally exciting. Everyone is welcome to click and read it!
1 answer
2026-01-27 02:33
An accounting entry for selling goods in stock as scrap
When goods in stock are sold as scrap, the accounting entries are as follows:
1. When the inventory was sold as scrap:
- Borrow: cash on hand
Credits: Other business income
Taxes Payable-Value Added Taxes (Sales Taxes) Payable
2. When he received the income from selling the scrap:
- Borrow: cash on hand
Credits: Other business income
3. At the same time, carry forward the cost of scrap:
- Borrowing: Other business costs
Credits: goods in stock
Taxes payable-vat payable (input tax transferred out)
4. If it was a normal loss, when reporting the loss:
- Borrowing: Management fee
Credits: raw materials
5. If the loss is found to be in excess, the excess will be reversed:
- Borrow: raw materials
Credits: Management fees
In addition, there was another way to deal with accounts:
1. When goods in stock are sold as scrap to generate cash income:
- To add the amount of cash to the cash account, that is, to borrow: cash account
- To reduce the quantity and amount of goods in stock to the credit of the inventory account, that is, to the inventory account.
- Add the amount of cash to the credit of the operating income account to indicate that the inventory of goods is sold as scrap.
2. When the inventory goods were sold as scrap, the corresponding credit change was made in the cash account to indicate that the cash had been received.
The novel "Ledge" is equally exciting. Everyone is welcome to click and read it!
1 answer
2026-10-11 04:47
The medal tally of the paralympics
At the 2021 Tokyo paralympics, Wang Xiaomei won the C1 - 3 silver medal in the women's 3km individual track bicycle pursuit, winning the first medal for the China delegation. In the 2024 Paris paralympics, China ranked first in the gold medal and medal rankings with 94 gold medals and 220 medals. It was also first in all four individual rankings. The United Kingdom ranked second with 49 gold medals and 124 medals. The United States ranked third with 36 gold medals and 105 medals. The Netherlands ranked fourth, Brazil ranked fifth, Italy ranked sixth, and Ukraine was stronger than France. India ranked 18th with seven gold medals, and Vietnam ranked last with only one bronze medal. China Hong Kong, ranked 32nd with three gold and eight medals at the Paris paralympics, while Chinese Taiwan ranked 68th with five medals. In the 2008 Summer Olympics medal tally, 76 countries won medals, with China winning the most. While watching the Olympics, you can also read the wonderful novels related to the Olympics!
1 answer
2026-07-20 17:12
Medal tally by country
The following is the ranking of the total number of Olympic medals in some countries: The United States ranked first with 3027 medals; the former Soviet Union ranked second with 1204 medals; Germany ranked third with 1002 medals; the United Kingdom ranked fourth with 948 medals; and China ranked seventh with 597 medals. In the 2024 Paris Olympics (as of August 19), the total number of medals won by some countries was: 122 medals won by the United States, 91 medals won by China, 45 medals won by Japan, 53 medals won by Australia, etc.(For other countries, please refer to the detailed data). The total number of medals included all the medals from the Summer and Winter Olympics. While watching the Olympics, you can also read the wonderful novels related to the Olympics!
1 answer
2026-08-17 02:51
2020 Olympic medal tally overlord
In the 2020 Olympic Games (held in 2021), the United States topped the medal table with 39 gold, 41 silver, and 33 bronze medals. While watching the Olympics, you can also read the wonderful novels related to the Olympics!
1 answer
2026-07-20 09:18
The latest Olympic medal tally
The 2024 Paris paralympics began on August 28, 2024 local time, and ended on September 8, 2024. The Chinese team sent a total of 284 athletes. The final top three medals were: China, 94 gold medals, 76 silver medals, 50 bronze medals, a total of 220 medals; The United States had 36 gold medals, 42 silver medals, and 27 bronze medals, totaling 105 medals. While watching the Olympics, you can also read the wonderful novels related to the Olympics!
1 answer
2026-07-22 01:07
How does the Tiger Tally taste?
Let me recommend the novel 'Han Tian Ji' to you. The name of the main character of this book was Qin Feng. After he was lured to the Sutra Depository and triggered the restriction, he was strangely reborn. Moreover, another powerful soul appeared in his mind. The mysterious old man hiding in the gourd wanted to take him as his disciple! This was a Xianxia-Cultivation Civilization novel. Although the little dragon was not a parasite, the protagonist Qin Feng also obtained a lot of magical powers in different experiences. It was very exciting. I hope you like my recommendation.😗
1 answer
2024-09-09 00:14
Share some tally success story.
One tally success story could be in a small business. They started using tally to manage their inventory. Before that, they had a lot of confusion with stock levels. With tally, they were able to accurately track what was in stock, what was sold, and what needed to be reordered. This led to fewer stockouts, increased customer satisfaction as products were always available, and ultimately, higher profits.
2 answers
2024-11-01 00:02
As a pure novice, can you recommend a few books suitable for entry-level stock trading?
Hey! When I saw your request to recommend an entry-level book on stock trading, my peach blossom eyes lit up. I have a few good books that I want to share with you:😉
1. Although the book " Financial Crocodile: I Can See the Rate of Return " was a novel, many of the theories introduced in it were practical stock investment experiences, and the magical " superpower " was very cute.
2. " The Financial Road of Rebirth " talked about stock investment + daily life. It was very suitable for beginners. Moreover, it was a real book that allowed you to better understand stock investment.
3. The protagonist of the book, Super Stockholders, is a legendary super stockholder. His experience and stories will lead you to understand the stock market and give you practical investment skills.
I hope you like the recommendations of these novels. Reading them will allow you to really get started in the stock market. However, the editor would like to remind him loudly that not all stocks in the novel can be invested. After reading it, he should still be careful. The above is my personal recommendation. I sincerely hope you will like it.
1 answer
2025-03-08 22:38
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