Gain on Investments Sale

Account Information

Account Type	Income Statement
Normal Balance	Credit

Gains realized when investments are sold above their cost

Gain on sale of shares

Dr. Bank Account
Cr. Short Term Investments
Cr. Gain on Investments Sale

Gain on sale of bonds

Dr. Bank Account
Cr. Government Bonds
Cr. Gain on Investments Sale

Transfer investment gains to income

Dr. Gain on Investments Sale
Cr. Income Summary

Gain on liquidation of mutual fund

Dr. Bank Account
Cr. Mutual Funds
Cr. Gain on Investments Sale