10426 ACCOUNT NO. 2021 - INVESTMENT IN COMMON STOCK
(Revised 5/87)
Normal Balance: Debit
Purpose: This account shows the amount of investment in common stock.
Subsidiaries: Investment Ledger
Normal Entries:
| Entry No. |
Debits |
Entry No. |
Credits |
| 33. Common stocks are purchased. |
34. Common stocks are sold. |
