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Q: How do you cash in gold at treasury or mint?
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What is US Treasury Secretary Charles Barber's gold option?

invest in mint to make coins


How do treasury stock affect Cash flow statement?

treasury stock is shown under cash flow from financing activities as a reduction in cash.


Price of American treasury mint john Wayne 075492 gold coin made by film corp of America?

8-10 dollars


What is the average weight of gold bars stored in US treasury?

All gold bars stored at a US treasury site weigh the same.The standard weight of a gold bar at the United States Bullion Depository, at Fort Knox, Kentucky is exaclty 400 ounces or 27.5 pounds. According to the United States Mint, gold bars stored at the U.S. Treasury weigh 400 ounces on average. This translates to 27 ½ pounds per bar.


Who is responsible for handling state money?

State money is typically managed by the state treasurer's office or a similar state agency. The state treasurer is responsible for overseeing the management and investment of state funds, ensuring compliance with financial regulations, and safeguarding public funds.


How do you record journal entry for purchase of treasury stock?

debit treasury stockcredit bank / cash


What is the journal entry for repurchasing common stock as treasury stock?

Debit treasury stockCredit cash / bank


Why can't the mint just make us more money to get us out of the recession?

For one thing the mint cannot issue money- it only prints paper money and stamps coins. If the mint or the Treasury Department issued more cash than is secured by the Federal Reserve, it would devalue the dollar and drive the economy into a depression.


Does the acquisition of treasury stock increase cash?

Treasury stock is stock that the issuing company buys back from the shareholders. Since the company is buying back its own shares, it decreases cash and stockholder equity, but increases a new balance called "Treasury Stock".


Who is in charge of printing money?

Congress does. the constitution grants the power for it to do so.


What can the Federal Reserve NOT do?

The Federal Reserve cannot mint coins or print currency, which are functions of the Treasury Department. The Treasury Department is administered by the Secretary of the Treasury, whom is appointed by the President.


Why are cash flows of more interest than income to the treasury manager?

because it is important than cash flows