The short answer is yes. but the following articles may give you some
insights into how unrealized gains and losses are usually recorded and
reported. These article provides some info about treatment of unrealized
gains and losses on trading securities under the GAAP in the US
(http://smallbusiness
I'm preparing for my first year-end closing since starting my use of gnucash.
I understand the method of zeroing expenses and income by transferring to
equity accounts like 2017 Expenses and 2017 Income. Is there also any
similar method to zero Unrealized Gains (that appears on the balance sheet)
t
