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    Mike01's Avatar
    Mike01 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Apr 26, 2007, 10:04 AM
    Sale of an investment with gains
    How do I record a sale of an investment with gains?
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
    Ultra Member
    		  
    #2

    Apr 26, 2007, 02:40 PM
    Example. You sell an invest of $400 for $500
    Dr. Cash 500
    Cr. Investment 400
    Cr. Gain 100
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