[GNC] Stock Merger

[Al]

Geoff wrote:
> Hi Al
> 
> We need to tweak your transactions to fix the cost basis on the Advanced 
> Portfolio Report.
> 
> Also from a tax accounting perspective, there are two ways to treat this 
> merger, depending whether it realised a capital gains event or not. I'll 
> cover both scenarios from a GnuCash perspective, but please note that I 
> am not an accountant.

Many thanks Geoff, the information that you provided will be quite helpful.

I'm waiting a bit on tweaking the transaction until I find out the 
capitol gain status, although I am fairly sure that there is no capitol 
gain other than the .72 fractional share amount. I'd just like to see 
that in writing before committing the transaction.

Al