Shared Flashcard Set

Details

Treasury Stock Journals
Treasury Stock Journals
4
Accounting
Undergraduate 3
12/15/2012

Additional Accounting Flashcards

 


 

Cards

Term

Treasury Stock 

 

Purchase

Definition

Dr. Treasury Stock

    Cr. Cash

Term

Treasury Stock

 

Resale

 

Sale Price = Purchase Price

Definition

Dr. Cash

    Cr. Treasury Stock

 

Term

Treasury Stock


Resale


Sale Price > Purchase Price

Definition

Dr. Cash

    Cr. Treasury Stock

    Cr. Contributed Capital - T.S.

Term

Treasury Stock

 

Resale

 

Sale Price < Purchase Price

Definition

Dr. Cash

Dr. Contributed Capital - T.S.

Dr. Retained Earnings 

    Cr. Treasury Stock

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