Accounting for treasury stock is done by the

Name: Accounting for treasury stock is done by the
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Accounting for treasury stock is typically done using the cost method, which involves recording the treasury stock at the cost at which it was repurchased. This cost is then subtracted from the company's total equity to reflect the reduction in shares outstanding. The FIFO, LIFO, and lower of cost or market methods are not typically used to account for treasury stock.

Accounting for Treasury Stock Is Done by the