SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Money95, Money98, Money99, Quicken, and the like..
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: HIA who wrote (1)2/4/1999 6:31:00 PM
From: HIA  Read Replies (1) of 14
 
How to profit/loss account short sells when tracking unrealized and realized gains and losses together?...That's easy...the short sell amount is a credit...so it just goes into a...security sale...entry...while the current cost to cover the short position is a debit and therefor it just subtracts from the current month ending securities value and should be reflected in that month ending securities value...The monthly change in month ending securities value then continues to track the unrealized profit/loss on the short position...When the short position is covered...the cost to cover the short position is no longer reflected in the month ending securities value...and the covering transaction is an entry into...securities purchase...The profit/loss on the short position will not necessarily have occurred on the cover date...it may have occurred at any one or more points in time leading up to and including the cover date...

When accounting short sells in a...realized only accounting...the covering transaction goes into security purchase in the cover month...and the short sell amount goes into security sales in that same month...the profit/loss is realized in the cover month...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News