The entry for share purchased today credited into demat on T+2 is a debit to the cash account and a credit to the demat account.

• Debit cash account

• Credit demat account

• Occurs on T+2

• Reflects purchase of ...read more

Shares account Dr.

To Brokers Account

When purchase of shares
Cash A/c........................Dr
To Investment Purchase Payable A/c

On T+2 date
Investment Purchase Payable A/c........................Dr
To Cash A/c