Cost Basis (manual compute question)

[ph hermes]

unless they are reinvested... dividends reinvested do change the cost
basis, don't they?

       ph


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On Tue, Oct 13, 2015 at 1:47 PM, John Ralls <jralls at ceridwen.us> wrote:

>
> > On Oct 13, 2015, at 1:06 PM, Gus Gustafson <rakishadonis at hotmail.com>
> wrote:
> >
> > I have sold some shares of an equity, but not all. I want to manually
> verify that I have entered transactions in a way that allows GnuCash to
> report a correct Basis on the remaining shares. Can anyone confirm my
> understanding is correct?:
> >
> > Basis (of remaining shares after a sale) = Money In + Income +
> Commissions - Money Out + Realized Gain
> >
>
> Yeah, except for income unless it’s a security that pays “Return of
> Capital” instead of interest or dividends. If it is then that reduces
> rather than increases the basis. Interest and dividends have no affect on
> basis.
>
> Regards,
> John Ralls
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