Inclusion of Stocks in gnucash

[Arvind Kumar]

Josh,

Sorry about the incomplete email..
The part that i don't understand and not able to reproduce is listed below.

--------------------------------
The proper recording of the stock sale *must* be done using a split
transaction. In the split transaction, you must account for the profit (or
loss) as coming from an Income:Capital Gains account (or Expense:Capital
Loss). To balance this income, you will need to enter the stock asset twice
in the split. Once to record the actual sale (using the correct number of
shares and correct price per share) and once to balance the income profit
(setting the number of shares to 0 and price per share to 0).
-------------------------

Arvind

On 5/23/07, Arvind Kumar <fugetive at gmail.com> wrote:
>
> Hi josh,
>
> the steps in the tutorial..
> I seem to be missing smthing in the logic and cant understand it
>
> Arvind
>
> On 5/23/07, Josh Sled < jsled at asynchronous.org> wrote:
> >
> > On Wed, 2007-05-23 at 22:06 +0530, Arvind Kumar wrote:
> > > i am unable to understand the section in the Tutorial - selling stocks
> > for
> > > profit / loss
> > >
> > > can anyone help me ??
> >
> > "I don't understand" isn't a useful starting point.  What don't you
> > understand about it?
> >
> > --
> > ...jsled
> > http://asynchronous.org/ - a=jsled;b=asynchronous.org; echo ${a}@${b}
> >
> >
>