Treasury stock should most often be recorded at:

Name: Treasury stock should most often be recorded at:
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Question

Quizplus · Accepted Answer

Treasury stock should be recorded at cost, which is the price paid to repurchase the stock. This ensures that the company's balance sheet reflects the true amount spent to buy back shares rather than being artificially inflated or deflated by other valuations. Par value, fair market value, and face value are not relevant to recording treasury stock.

Treasury Stock Should Most Often Be Recorded At