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Treasury stock is normally accounted for using the: legal value method par value method
Treasury stock is normally accounted for using the:
-
- legal value method
- par value method.
- cost method.
- stated value method.
Expert Solution
Answer:
c .
Step-by-Step explanation
Treasury stock:
It is the stock which repurchased by the issuing company. It is also called reacquired stock and it is determined by the cost method.
Hence, option c is correct.
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