[GNC] Unrealized gain/loss

[Derek Atkins]

Hi,

On Fri, August 22, 2025 9:34 am, Norm Samuelson wrote:
> I am trying to understand unrealized gains and losses.  I deal with two
> currencies, USD and CAD.  I found that some if not all of those are
> related to transfers from CAD to USD.  My guess is that the loss or gain
> is related to changes in the exchange rate.  Is that correct?

Ye

Let's say you buy CA$100 for US$70.  Then you sell CA$50 for US$40.
You have "made" US$5 because those CA$50 were "bought" for US$35.
You need to account for this gain in the transaction otherwise your
balances will be off.

Enjoy!

> - Norm -

-derek

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-derek

-- 
       Derek Atkins                 617-623-3745
       derek at ihtfp.com             www.ihtfp.com
       Computer and Internet Security Consultant