Question about stocks

[Derek Atkins]

Nikos Charonitakis <nikosx at gmail.com> writes:

> Hi
> I have a question about stocks
> Lets Suppose that i own  100 shares  of company A that was bought by company B.
> Now i receive no money but 50 new shares of company B that substitute
> 100 shares of company A
> How i handle this situation in Gnucash?

Just create a transfer from A to B.  Make sure you specify the value as
the "basis" for your shares of A.  So if overall you've spent $1000 to
acquire those 100 shares of A, you would create a transaction that
effectively looks like:

4/19   B bought A
                     A              100     10       -1000
                     B       50             20        1000

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-derek

-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
       warlord at MIT.EDU                        PGP key available