Investor Accounting v2 Message Board

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Pastimes : Investor Accounting v2

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To: HIA who wrote (23)	11/12/2000 9:32:26 PM
From: HIA	Read Replies (1) of 29

The current shareware version is v2.198 ...v2.198 features color-keyed grouping and highlighting... Slightly corrected note: Accounting notes: When using basic accounting function...the acquired company in a stock merger...can be accounted as a stock split ...the holding period is not changed and the original basis is not changed...but with the original ticker symbol being kept...However...a stock merger often includes a fractional share being paid in cash and that cash...is a closing transaction for the fractional share...In that case...on the merger date...split the pre-merger share number to the post-merger share number (including fractional share)...and then sell the fractional share for the amount of cash received...

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