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Shares its name with a former Secretary of the Treasury?

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Q: Who shares its name with a former secretary of the treasury of montana?
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Treasury stock plus outstanding shares would be?

Issued Shares Authorized Shares = Issued Shares (sold to investors) + Unissued Shares Issued Shares = Outstanding Stock (held by investors) + Treasury Stock (stock bought back by company)


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.


What country shares a border with Montana?

Canada.


Can a subsidiary own shares in its holding company?

If a subsidiary own shares in holding company that would be considered as treasury.


Does New York or Montana have a longer border with Canada?

Montana has a longer border with Canada than New York. Montana shares a border of approximately 500 miles with Canada, while New York shares a border of about 445 miles.


Are cash dividends normally paid on shares of treasury stock?

True.


What is outstanding capital?

Outstanding capital refers to the number of shares that remain with the stockholders. This is the result of issued shared minus treasury shares and the dividends are paid based on these shares.


If 20000 shares are reacquired as treasury shares at cost of 12.00 per share and par value is 10.00 per share what should be the journal entry?

debit treasury stock 200000debit premium 40000credit cash 240000


What is Difference between issued shares and outstanding shares - 41k?

Issued shares(I) are shares of stock that have been sold to investors. It includes both outstanding shares(O) and Treasury shares(T). Thus, I = O+T Outstanding shares(O) are shares of stock currently owned by the shareholders.


What is the journal entry for purchasing 400 shares of treasury stock at 7 per share?

debit treasury stock 2800credit cash / bank 2800


How does a corporation properly account for the repurchase of its own shares from a shareholder?

Those shares are shown as a contra-account in the Equity section of the Balance Sheet called Treasury Stock.


How would you make a journal entry for a repurchased shares in a journal?

Debit treasury stockCredit cash / bank