A company issues 1 0 0 , 0 0 0 shares of common stock for $ 1
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Question:
A company issues shares of common stock for $ per share, $ par value on January On February the company repurchases shares of its own common stock for $ per share. On March the company reissues those shares of treasury stock for $ per share. For the journal entry on March what is the amount that the company would credit APIC for?
Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
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