Dear sir,

Please tell me the journal entries for purchase & sales of shares & securities and also for short term & long term capital gain

Purchases of Investment Assets are DEBITS.
Sale of Investment Assets are CREDITS.
The period has no effect.

So Purchases.

DEBIT PURCHASES Of INVESTMENT ACCOUNT.
CREDIT BANK ACCOUNT.

For Sales.

DEBIT BANK ACCOUNT
CREDIT SALES of INVESTMENT ACCOUNT.