In recording a mutual fund dividend that is reinvested, are
there two separate entries -- one under income for the
dividend and one under reinvestment for the additional
shares associated with that dividend?

Thanks

Judith Greenberg

Judith B. Greenberg wrote:
> In recording a mutual fund dividend that is reinvested, are
> there two separate entries -- one under income for the
> dividend and one under reinvestment for the additional
> shares associated with that dividend?

Yes, that's correct.

Eric Dobbs
bivio Inc.

Judith B. Greenberg wrote:
> In recording a mutual fund dividend that is reinvested, are
> there two separate entries -- one under income for the
> dividend and one under reinvestment for the additional
> shares associated with that dividend?
>
> Thanks
>
> Judith Greenberg