Treasury share should most often be recorded:

Question

Quizplus · Accepted Answer

Treasury shares are the shares that a company buys back from shareholders and holds in its own treasury. They should be recorded at cost, which is the price paid to buy back those shares. This is because the purpose of buying treasury shares is usually to reduce the number of outstanding shares, which can increase the value of the remaining shares. Therefore, it is more appropriate to record the treasury shares at their cost rather than at par value, face value, or fair market value, which may not reflect the actual price paid for the shares.

Treasury Share Should Most Often Be Recorded