simple howto for selling stocks

Callum Murdoch cem22b at gmail.com
Tue May 13 21:33:16 EDT 2008


I see the theory of what your saying but actually entering the values/data
into the register seems to be my problem, for instance in the first line in
the register before i press the split button which account do i select in
the transfer column the broker account where the proceeds finally land up or
is it a Captil gain account?
On Tue, May 13, 2008 at 9:00 PM, Charles Day <cedayiv at gmail.com> wrote:

> On Tue, May 13, 2008 at 12:47 PM, Callum E Murdoch <cem22b at gmail.com>
> wrote:
>
> > Charles,
> > I guess my confusion comes from the online tutorial here is a direct
> > quote from the 1st paragraph sellin shares
> >
> > (The net proceeds from the sale
> >    should be transferred from the stock account to your bank or
> > brokerage
> >    account.)
> >
>
> That's correct, and that's what the first two lines of table 8.1 on that
> page shows. The next two lines account for the capital gain and don't
> involve the brokerage account. The last line accounts for the commission,
> which may or may not apply.
>


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