Bankrupt Stock
How do I enter shares that are now bankrupt? I need them out of my investing section and have the value show up in "_realized Gain/Loss" on my Income Statement and of course offsetting on my Balance Sheet showing "0.00" for that investment value
Best Answer
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How about selling the security for $0?
Q user since February, 1990. DOS Version 4
Now running Quicken Windows Subscription, Business & Personal
Retired "Certified Information Systems Auditor" & Bank Audit VP0
Answers
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How about selling the security for $0?
Q user since February, 1990. DOS Version 4
Now running Quicken Windows Subscription, Business & Personal
Retired "Certified Information Systems Auditor" & Bank Audit VP0 -
Thanks - I entered the shares as sold for $0.00. Checked my Balance Sheet and the Security shows as $0.00 and checked my Income/Expense stmt and it shows " _realized gain/loss as negative $xxxx.xx". All is exactly what I wanted.
Thank You
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