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What is the journal entry for repurchasing common stock as treasury stock?
Debit treasury stockCredit cash / bank
What is the journal entry for selling 100000 shares of common stock at 14 a share?
debit cash / bank 1400000credit share capital 1400000
What are the accounting journal entries for the redemption of common stock?
Debit common stockCredit redemption of common stock account
What is a journal entry to buy equipment with common stock?
Equipment is not actually bought using common stock rather it is purchased from cash by issuing common stock so journal entry is : [Debit] Equipment [Credit] Cash / bank
What are the accounting journal entries to record common stock redemption?
Debit common stockCredit redemption of common stock account
What is the journal entry for repurchasing common stock as treasury stock?
Debit treasury stockCredit cash / bank
What is the journal entry for selling 3000 shares of 1 par common stock at 49 per share?
Cash Common Stock Paid in Capital
What is the journal entry for selling 100000 shares of common stock at 14 a share?
debit cash / bank 1400000credit share capital 1400000
Is journal a common noun?
Yes, the word journal is a common noun, A proper noun would be the name of a journal, for example, The Journal of the American Medical Association.
What are the accounting journal entries for the redemption of common stock?
Debit common stockCredit redemption of common stock account
What do treasury bills treasury notes and treasury bonds have in common?
They are all debt financing instruments of the U.S. government, backed by the full faith and credit of the U.S. government. In addition, interest earned on all treasury securities is exempt from taxation by state and local taxing authorities.
What is a journal entry to buy equipment with common stock?
Equipment is not actually bought using common stock rather it is purchased from cash by issuing common stock so journal entry is : [Debit] Equipment [Credit] Cash / bank
Can you explain how treasury bill reinvestment works?
Treasury bill reinvestment involves using the proceeds from a matured Treasury bill to purchase a new Treasury bill. This allows investors to continually reinvest their money and potentially earn a return on their investment over time. It is a common strategy used to maintain a steady stream of income from Treasury bills.
What are the accounting journal entries to record common stock redemption?
Debit common stockCredit redemption of common stock account
Will an increase in common stock require a journal entry?
Yes, it requires a journal entry as follows:debit cash / bank / assetscredit share capital
What are the journal entries to record the exchange of common stock?
debit common stock of one typecredit common stock of other type
What did the United states treasury create when the legal tender act was passed in 1862?
a common nation currency
