Question

sold 20 shares of xy & co. Ltd at ₹65 per share, brokerage paid ₹20​

Answer 1

Okay
But what is ur question

Answer 2

Answer:

The journal entry for the following is as follows:

Explanation:

For 20 shares of XY and Co. Ltd sold at 65 per share

Bank A/c.............................Dr 1,300

To Shares in XY Ltd A/c.......Cr 1,300

Working Note:

Aggregate Amount = Number of Shares × Rate per share

= 20 shares × 65 per share

= 1,300

For Brokerage paid of 20

Brokerage A/c..................Dr 20

To Bank A/c................Cr 20