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  • Fund Accounting Cheat - Sheet - I PDF

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    This document outlines 10 common fund accounting transactions showing the debit and credit accounts. It covers subscriptions and redemptions of capital shares on both the trade and settlement dates. It also covers the purchase of equities and bonds on trade date, including accrued interest, and settlement date. Finally, it shows the daily accrual of bond interest income.

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    Fund Accounting Cheat_Sheet_I.pdf

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    This document outlines 10 common fund accounting transactions showing the debit and credit accounts. It covers subscriptions and redemptions of capital shares on both the trade and settlement dates. It also covers the purchase of equities and bonds on trade date, including accrued interest, and settlement date. Finally, it shows the daily accrual of bond interest income.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    187 views1 page

    Fund Accounting Cheat - Sheet - I PDF

    Uploaded by

    Ping
    This document outlines 10 common fund accounting transactions showing the debit and credit accounts. It covers subscriptions and redemptions of capital shares on both the trade and settlement dates. It also covers the purchase of equities and bonds on trade date, including accrued interest, and settlement date. Finally, it shows the daily accrual of bond interest income.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

    Fund Accounting Cheat Sheet I

    Transaction Debit Credit


    1 Subscription - Trade Date Subscriptions Receivable (A) Capital Shares (C)

    2 Subscription - Settlement Date Cash (A) Subscriptions Receivable (A)

    3 Redemption - Trade Date Capital Shares (C) Redemptions Payable (L)

    4 Redemption - Settlement Date Redemptions Payable (L) Cash (A)

    5 Equities Purchased - Trade Date Equities - Cost (A) Purchases Payable (L)

    6 Equities Purchased - Settlement Date Purchases Payable (L) Cash (A)

    7 Bonds Purchased - Trade Date Bonds - Cost (A) Purchases Payable (L)

    8 Bonds Purchased - Trade Date Interest Receivable (A) Purchases Payable (L)

    9 Bonds Purchased - Settlement Date Purchases Payable (L) Cash (A)

    10 Bond Interest Earned - Daily Interest Receivable (A) Interest Income (I)

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