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    ncspiller's Avatar
    ncspiller Posts: 1, Reputation: 1
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    #1

    Mar 11, 2009, 12:38 PM
    JE entry for invesment accounts
    What would be the correct journal entry to reconcile investment accounts? I have Morgan Stanley trust accounts where the value changes monthly but there is no other activity. How would I post that change on my ledgers?
    codyman144's Avatar
    codyman144 Posts: 544, Reputation: 31
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    #2

    Mar 11, 2009, 01:07 PM

    The Market fulcuations go to an account like "Unrealized Gains/Losses on Investment"

    Do not adjust the investment account itself, that should be maintained at historical cost.
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