Re: What's the proper accounting way to handle a stock split?

[Herbert Thoma]

[EMAIL PROTECTED] wrote:
> prices are recorded in a transaction with a single, dangling entry.
> This is allowed since prices 'have no value'.

Yes and No. If you change the price, you change the value of your assets
and you have no other account to reflect this. Does this bring the
books out of balance or am I getting something wrong here? I remember
a discussion about depreciation on the list ...

You surely unbalance the books if you sell stock for another price
than you bought it and don't make a transaction to something like
"capital gains". Unfortunately GnuCash does not do this automatically (yet).

 Herbert.
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Herbert Thoma
FhG-IIS A, Studio Department
Am Weichselgarten3, 91058 Erlangen, Germany
Phone: +49-9131-776-323
Fax:   +49-9131-776-399
email: [EMAIL PROTECTED]
www: http://www.iis.fhg.de/

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