Our club owned 40 shares of Harrah's stock. The company was
bought by a private equity firm at the end of Jan 2008. This
transaction was recorded as a "merger" in our investment
company's log with 3,600 ($90/share). This was recorded on
1/29/08. However a couple days later I show $3,642 entered
into our money market acct.

My questions:
1. How do we correctly record the 1/29 buy-out transaction
in Bivio. Is this just a sale without commission?

2. How to correctly account for the extra $42 and where that
might have come from.

Thanks,
Tom - Fin Freedom Club

Tom Bombard wrote:
> Our club owned 40 shares of Harrah's stock. The company was
> bought by a private equity firm at the end of Jan 2008. This
> transaction was recorded as a "merger" in our investment
> company's log with 3,600 ($90/share). This was recorded on
> 1/29/08. However a couple days later I show $3,642 entered
> into our money market acct.
>
> My questions:
> 1. How do we correctly record the 1/29 buy-out transaction
> in Bivio. Is this just a sale without commission?
>
> 2. How to correctly account for the extra $42 and where that
> might have come from.
>
> Thanks,
> Tom - Fin Freedom Club

Did anyone else have Harrah's Entertainment (HET) when it
was bought in January? How did you record it in Bivio?