stock transaction

Tim Kynerd tim at kynerd.nu
Wed Jan 29 12:07:01 CST 2003


On Wednesday 29 January 2003 05:39, fretel ca wrote:
> Hi,
>
> I'm using GnuCash 1.6.7.
>
> Can anyone help me about stock transaction ? I just can't make it
> right.
>
> The transaction will be:
>
> 1> checking account out $410, buy 10 share of SI at price $40, fee
> 10.

                                    Debit           Credit
Stock in SI                       400
Trading fee expense           10
Checking account                                 410

>
> 2> sale 10 share of SI at price $45, put in checking account 440, fee
> 10.

Checking account             440
Trading fee expense            10
Stock in SI                                           400
Gain on sale of stock                              50

You may prefer other names, but you get the idea. (PS "Gain on sale of 
stock" is an income account.)

-- 
Tim Kynerd   Sundbyberg (småstan i storstan), Sweden   tim at tram.nu
Sunrise in Stockholm today:  8:12
Sunset in Stockholm today:  15:48
My rail transit photos at http://www.kynerd.nu


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