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The term "Treasury Stock" is defined as the stock that is brought back by the corporation that issued it earlier. The purpose of buying back the stock is either for resale or retirement and the availability of the outstanding stock is much reduced.

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12y ago

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What is the definition of the term 'treasury notes'?

The definition of the term treasury notes is securities with maturities of 1 to 10 years sold for cash or in exchange for maturing issues or at auction.


What type of account is treasury stock?

Treasury stock is a stockholders equity stock. Treasury stock is stock that a company buys back in order to reduce the amount of outstanding stock available on the market.


When a treasury stock is reissued for less than its cost what is credited?

the treasury stock account


Do you include treasury stock in stock splits?

no.


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.


Is treasury stock the same as capital stock?

Treasury stock is contra of capital stock used by company to purchase own capital stock to reduce the paid in capital.


Does the acqusion of treasury stock by a corporation increase total assets and total stockholders equity?

Treasury Stock is the stock that the corporation has sold and then reacquired. Treasury Stock is a Contraequity account that increases when debited and decreases when credited. Does this answer your question.


Is stock repurchased by the issuing company called treasury stock?

1. Treasury stock is a corporation's own stock that has been issued, fully paid for, and reacquired by the corporation and is being held in it's treasury for future use.


When the selling price of treasury stock is greater than its cost the company credits the difference to?

Treasury Stock


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

Debit treasury stockCredit cash / bank


Treasury stock is classified as?

Treasury stock is a contra-equity account. It reduces shareholder's equity to its true value.


Is treasury stock classified as an assets account?

Treasury Stock is shown in the Equity section of the Balance Sheet as a contra-account.