According to generally accepted accounting principles,treasury stock usually should be recorded at

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According to generally accepted accounting principles, treasury stock should be recorded at cost. The cost is the amount paid to acquire the stock, which is usually the market price at the time of purchase. Par value is the nominal value of a stock and does not reflect its market value or cost. Net realizable value is the estimated selling price of an asset less any disposal costs, which does not apply to treasury stock.

According to Generally Accepted Accounting Principles,treasury Stock Usually Should Be