Under the cost method of accounting for treasury stock transactions, when the proceeds from a sale are greater than the cost, the excess over cost is treated as a(n)
A) increase in Other Expenses from Treasury Stock Sales.
B) increase in Additional Paid-in Capital from Treasury Stock.
C) increase in a contra-shareholders' equity account.
D) None of these choices.
B
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Companies that use the Internet for direct marketing are required by law to post their privacy policies on their Web sites
Indicate whether the statement is true or false
What type of employee is most likely to benefit from community involvement by their organization?
a. managers b. adversarials c. fence-sitters d. go-getters
The Cardinal Company had a finished goods inventory of 55,000 units on January 1. Its projected sales for the next four months were: January - 200,000 units; February - 180,000 units; March - 210,000 units; and April - 230,000 units. The Cardinal Company wishes to maintain a desired ending finished goods inventory of 20% of the following months sales. What would be the budgeted inventory for
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a. cantor b. synopsis c. focus d. phyla e. class