Example
The University received 100 shares of Widget Inc. stock from a donor to support a scholarship endowment. These shares of stock were transferred into the University's brokerage account, and a corresponding deposit was made to the KEMID. The following week, the brokerage sells the 100 shares for $10,000. The value of the shares remained constant from the time they were donated until they were sold. To record this activity into the KEMID, an Asset Decrease cash transaction is initiated for 100 shares of Widget Inc. The result of this transaction is that the KEMID holdings are reduced by 100 shares of Widget Inc. and the account's cash balance is increased by $10,000.
Asset Increase