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dbarringer
Jun 6, 2006, 07:57 AM
When using the cost method to account for treasury stock, how do you account for the commissions and fees paid? Are they expensed or charged to treasury stock?

manik chand dey
Oct 25, 2008, 12:05 AM
When treasury stock is bought back,paidin capital is reduced by the amount treasury stock is purchased.in this case expenses(fees) and commissions should be charged as expense in the income statement,which may help stakeholders to get more disclosure in financialreporting.