Quantcast
Channel: Quickbooks Questions » Purchase
Viewing all articles
Browse latest Browse all 10

When Accounting For Sale Of Stock, Do You Include Purchase And Sale Commission Expenses In The Journal Entry?

$
0
0

If selling a stock that has a sales commission expense already taken out of the incoming check, do you debit cash for the full stock sale price and credit both marketable securities and other operating expense, or do you debit cash for only the net amount of the check?


Viewing all articles
Browse latest Browse all 10

Trending Articles