Stock sale splits

[Brian Dolbec]

On Sun, 2006-19-03 at 06:47 -0800, Todd W. wrote:
> I got no takers on this... it'd be great if someone could tell me how  
> a split transaction looks for a stock sale with a loss (the mentioned  
> example below shows a gain).
> 
> On Mar 17, 2006, at 1:58 PM, Todd W. wrote:
> 
> Section 8.7 of the guide in table 8.1 it shows how to split a stock  
> sale (see http://www.gnucash.org/docs/v1.8/C/gnucash-guide/ 
> invest_sell1.html#invest_sellexample2).  The example is with a  
> capital gain.  How does this transaction look if there is a loss?   
> Instead of Income:Capital Gains in the "Buy" column, would it be  
> Expense:Capital Loss in the "Sell" column?

If I'm not mistaken, a Capital Loss is just negative Capital Gains.  A
financial loss would affect your income and therefore your taxes.

>   And what about the  
> balancing split for the Asset:Stock:SYMBOL?
> 
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-- 
Brian Dolbec <brian_dolbec at telus.net>