Entity A has 30,000 shares outstanding at 100 pesos par value per share. If Entity A reacquires 1,000 shares at 90 pesos per share when the market value per share is 105 pesos per share, how should Entity A record the Treasury Share? Oany of the above O 100 pesos per share ) 90 pesos per share 105 pesos per share

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Entity A has 30,000 shares outstanding at 100 pesos par value per share. f Entity
A reacquires1,000 shares at 90 pesos per share when the market value per
share is 105 pesos per share how should Entity A record the Treasury Share?
any of the above
O-100 pesos per share
090pesos per share
105 pesos per share
Transcribed Image Text:Entity A has 30,000 shares outstanding at 100 pesos par value per share. f Entity A reacquires1,000 shares at 90 pesos per share when the market value per share is 105 pesos per share how should Entity A record the Treasury Share? any of the above O-100 pesos per share 090pesos per share 105 pesos per share
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