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Aug 1, 2024 7:55 AM UTC
Question

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

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1 reply

BigRedConsulting
Sep 4, 2024 9:18 PM UTC

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