Patina Oil & Gas bought by Nobel Energy
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Patina Oil & Gas bought by Nobel Energy We had Patina Oil & Gas stock and Nobel Energy bought it. We opted to take stock for our stock. We got stock and $329.63 in cash for partial shares. How do I enter that into my accounting without showing the stock trade as a sale? Joyce Brummitt wrote: > We had Patina Oil & Gas stock and Nobel Energy bought it. > We opted to take stock for our stock. We got stock and > $329.63 in cash for partial shares. How do I enter that > into my accounting without showing the stock trade as a > sale? Enter that as a merger with Nobel Energy is the acquiring company. You can read more about this and other investment transactions here: http://www.bivio.com/hp/investment-transactions.html Hope that helps. -Eric |
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