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

    Mar 17, 2009, 10:23 AM
    Accounting for Treasury Bill
    What's the journal entry Purchasing a Treasury Bill (below and above par)?
    Do you need to mark-to-market it on a monthly basis?
    What do you do when the T-Bill matures?
    ygsaleh's Avatar
    ygsaleh Posts: 1, Reputation: 1
    New Member
    		  
    #2

    Mar 21, 2009, 11:38 AM
    I need help
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 treasury stock [ 1 Answers ]

a company had 1000 shares of $5 par value common stock outstanding. They entered in to the following transactions of their own stock 1. purchased 100 shares of $25 per share 2. sold 20 of those shares for $30 per share 3. sold an additional 20 shares for $18 per share record on t accounts

Accounting for treasury stock [ 1 Answers ]

Explain how a company would account for each of the following: 1.Purchase of shares at a price less than par value. 2.Subsequent resale of treasury shares at a price less than purchase price, but more than par value. 3.Subsequent resale of treasury shares at a price greater than both purchase...

View more questions Search