[GNC] Bad account setup in Guide §12; was: Should i create "Equity Account" for each currency I had ?
David Cousens
davidcousens at bigpond.com
Thu Apr 16 22:58:04 EDT 2020
Frank
Ignore my comment about whether trading gains and losses should appear in
the balance sheet or income statement. I've done a bit of research and both
under the FASB in the US and the IFRS and the AAS in Australia as far as I
can tell such gains and losses are recognized and reported under Equity as
Other Comprehensive Income so the current balance sheet reports them
appropriately.
David
-----
David Cousens
--
Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-User-f1415819.html
More information about the gnucash-user
mailing list