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August 1, 2024
Question

Gain on fractional shares exchanged for cash after reverse stock split. Is it realized or unrealized gain in US GAAP?

  • August 1, 2024
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1 reply

BigRedConsulting
September 4, 2024

Not really a QuickBooks question...  If it's a gain you exchanged for cash, so essentially a sale, then I think it's realized.