
Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac
النسخة 14الرقم المعياري الدولي: 978-1305653535
Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac
النسخة 14الرقم المعياري الدولي: 978-1305653535 تمرين 19
A corporation reacquires 60,000 shares of its own $10 par common stock for $3,000,000, recording it at cost.
a. What effect does this transaction have on revenue or expense of the period?
b. What effect does it have on stockholders' equity?
a. What effect does this transaction have on revenue or expense of the period?
b. What effect does it have on stockholders' equity?
التوضيح
a) Effect of reacquired shares on revenu...
Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac
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