Under the cash method, you'd record only that $10,000 once you ... The article How to Calculate Accounting on an Accrual Basis originally appeared on Fool.com. Try any of our Foolish newsletter ...

Cost basis is the original price that an asset was acquired for, for tax purposes. Capital gains are computed by calculating the ... the taxable gain would only be $200 ($1,500 - $1,300) instead ...

The cost basis of an investment comes into play when you're calculating capital gains or ... Since you're the only one who will have receipts for upgrades or improvements, for example, it's ...

For instance, if an investor realizes a $2,000 short-term gain and a $1,000 short-term loss, they can subtract the loss against the gain so that they are only ... for calculating the cost basis.