10422 ACCOUNT NO. 2011 - INVESTMENT IN SECURITIES AT COST
(Revised 5/87)
Normal Balance: Debit
Purpose: This account shows the cost of investment in debt securities, such as Treasury Bills.
Subsidiaries: Investments Ledger
Normal Entries:
| Entry No. |
Debits |
Entry No. |
Credits |
| 33. Investment securities are purchased. |
34. Investment securities mature or are sold. |
