Discuss the following in your post: What is treasury stock and what is the journal when purchased? What are the journal entries when the treasury stock is sold? • What are the three dates and the journal entries for recording cash dividends? Funloin th hods and i urolontries for

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Discuss the following in your post:
• What is treasury stock and what is the journal when
purchased?
• What are the journal entries when the treasury
stock is sold?
• What are the three dates and the journal entries for
recording cash dividends?
• Explain the two methods and journal entries for
recording stock dividends and the journal entries
required for a stock split.
Transcribed Image Text:Discuss the following in your post: • What is treasury stock and what is the journal when purchased? • What are the journal entries when the treasury stock is sold? • What are the three dates and the journal entries for recording cash dividends? • Explain the two methods and journal entries for recording stock dividends and the journal entries required for a stock split.
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