Fund accounting/General Entries/Key point discussion

Fund accounting entries
Shareholder’s Subscription
Dr Subscription Receivable
Cr Paid in Surplus - Subscriptions
Cr Capital Shares - SHARES
Subscription Settlement
Dr Cash
Cr Subscription Receivable
Redemption Settlement
Dr Redemption Payable
Cr Cash
Expense Accrual
Dr Expense
Cr Expense Payable
Expense Payment
Dr Expense Payable
Cr Cash
Expense Reimbursement
Dr Expense Reimbursement Receivable
Cr Expense
Prepaid Expense - Setup
Dr Prepaid Expense (Asset)
Cr Cash
Prepaid Expense - Amortize
Dr Expense
Cr Prepaid Expense (Asset)
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