Ask Experts Questions for FREE Help !
Ask
    aprilmt's Avatar
    aprilmt Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jul 5, 2008, 04:02 PM
    About Treasury Stock
    What is true about treasury stock?

    1.increases stockholder equity
    2.is issued, but not outstanding
    3.is more similar to preferred stock than to common stock
    4.is issued by a firm to finanace expansion of operations
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
    		  
    #2

    Jul 5, 2008, 11:33 PM
    Please see guidelines for submitting homework questions:
    https://www.askmehelpdesk.com/financ...-b-u-font.html

    We aren't here just to answer stuff for you -- you need to show an attempt to answer the question. Since it's multiple choice, a reason behind your answer would show you've actually attempted to do it.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Accounting for treasury stock used in stock dividend [ 1 Answers ]

How do I account for treasury stock use in a stock dividend for preferred stock? What would the journal entry by? I don't believe I should debit retained earnings for this transaction, but I'm not sure what account to debit. Please Help

Treasury Stock [ 1 Answers ]

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?

Treasury stock [ 3 Answers ]

Can someone please tell me if I have figured this out correctly. On March 1, Joe's Bistro required 600 shares of common stock at $10 per share. Joe's Bistro sold all of the treasury shares on November 15 for $ 12 per share. The entry to record the sale on November 15 would include a credit to...

Treasury stock [ 1 Answers ]

The purchase of treasury stock for cash.. What effect does it have upon total assests, total stockholders equity, shares issued, and shares outstanding?

Treasury Stock [ 1 Answers ]

Are dividends paid on treasury stock?

View more questions Search