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Tagged with bookkeeping capital-gain
2
questions
2
votes
1
answer
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Asset Sale: Net proceeds to cash AND capital gains?
This is very simple but I'm having trouble figuring out how to account for the sale of an asset, in double-entry bookkeeping, in a way that shows the net proceeds going to cash AND recorded as a ...
- 518
13
votes
2
answers
101k
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How to account for Capital Gains (Losses) in double-entry accounting?
After taking an introductory financial accounting class, I decided to use GnuCash to keep track of my personal finances. I have 5 major accounts in my general ledger:
Equity
Currently only used to ...
