This process began in 1966.

[Debit] Interest receivable on marketable securities

[Credit] interest earning on marketable securities

[Debit] Investment in Govt. Securities

[Credit] Cash / bank

Because it is prepared from the journal which is the book of "original entry".

The objectives of the Indian Securities market are:

1. Establishing a nationwide trading facility for all types of securities

2. Ensuring equal access to all investors across the country through an appropriate telecommunication network

3. Providing fair, efficient & transparent securities market using electronic trading system

4. Enabling shorter settlement cycles and book entry settlements

5. Meeting International benchmarks and standards