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What is the journal entry for repurchasing common stock as treasury stock?
Debit treasury stockCredit cash / bank
How do you record journal entry for purchase of treasury stock?
debit treasury stockcredit bank / cash
What is the journal entry for purchasing 400 shares of treasury stock at 7 per share?
debit treasury stock 2800credit cash / bank 2800
When an owner buys stock what is the journal entry?
debit own stock / treasury stockcredit cash / bank
What is the journal entry on resale of treasury stock?
[debit] cash / bankcredit share capital
How do treasury stock affect Cash flow statement?
treasury stock is shown under cash flow from financing activities as a reduction in cash.
What is the journal entry for repurchasing common stock as treasury stock?
Debit treasury stockCredit cash / bank
How do you record journal entry for purchase of treasury stock?
debit treasury stockcredit bank / cash
Are dividends paid on treasury stock?
cash dividends are not paid on treasury stock, but what about stock dividends? I would think stock dividends would apply to treasury shares, but would like to know for sure. Also, I assume stock splits apply to treasury shares and would like this verified.
Are cash dividends normally paid on shares of treasury stock?
True.
What is the journal entry for purchasing 400 shares of treasury stock at 7 per share?
debit treasury stock 2800credit cash / bank 2800
When an owner buys stock what is the journal entry?
debit own stock / treasury stockcredit cash / bank
What is the journal entry on resale of treasury stock?
[debit] cash / bankcredit share capital
What is the Journal entry for buying back stock?
Debit treasury stockCredit cash /bank
The acquisition of land by issuing common stock is?
a noncash transaction which is not reported in the body of statement of cash flows
What happens to FRC stock if it is bought out by another company?
If FRC stock is bought out by another company, the shareholders of FRC stock typically receive a cash payment or shares of the acquiring company's stock in exchange for their FRC shares. The value of FRC stock may increase or decrease depending on the terms of the acquisition deal and the performance of the acquiring company's stock.
What happens to my FRC stock in the event of a company merger or acquisition?
In the event of a company merger or acquisition, your FRC stock may be converted into shares of the acquiring company, or you may receive a cash payout for your shares. The specific outcome will depend on the terms of the merger or acquisition agreement.
