Treasury Stock Accounting Journal Entry Examples, Concepts, Illustrations, Sample Help Online

If you are looking for Treasury Stock Accounting Journal Entry Examples, Concepts, Illustrations and Calculation to do your assignments, homework or project then you are at the correct place.

Meaning of the word Treasury stock

Treasury stock refers to those share which have been bought back by the issuing company itself. There are two methods of accounting for treasury stock. One is cost method and the other is par value method.Under the cost method, the purchase of treasury stock is debited to treasury stock account by the actual cost of purchase.
Under par value method, purchase of treasury stock is debited to treasury stock by the total par value of the shares. Cash account is credited by the original amount paid to purchase the treasury stock. Any additional paid-in capital or discount on capital relating to treasury shares is cancelled by a debit or credit respectively.

Services We Offer

Services Provided for Accounting

Accounting always put student on worries and stress. But with Assignment Consultancy for your help, you can remove all your worries by going through our various services:-

Features

Features for Accounting Assignment Help Services

Zero Plagiarism
We believe in providing no plagiarism work to the students. All are our works are unique and we provide Free Plagiarism report too on requests.

Best Customer Service
Our customer representatives are working 24X7 to assist you in all your assignment needs. You can drop a mail to assignmentconsultancy.help@gmail.com or chat with our representative using live chat shown in bottom right corner.

Three Stage Quality Check
We are the only service providers boasting of providing original, relevant and accurate solutions. Our three stage quality process help students to get perfect solutions.

100% Confidential
All our works are kept as confidential as we respect the integrity and privacy of our clients.

Our Clients

Most of our clients are from UK, USA, Australia, Canada , UAE, New Zealand, Doha, Qatar, Muscat, Netherlands, France, Italy, Great Britain, Singapore, Malaysia looking for quality and accurate solutions.

Testimonials

Our Testimonials

Yash Batra, Student , UK University

“Great Experts to provide real time Accounts help services. They are just best in their approach”

Reham Fayad, Student MBA, USA

“They have some of the best USA experts to provide Accounts help online and also help me in my online exams.”

Graham Golith, Lancashire University, UK

“Best place to get all help in Accounts Essay and Exams. Will definitely recommend to all”

Treasury Stock Accounting Journal Entry Examples Explanation

Let us understand the concept Treasury Stock Accounting Journal Entry with the help of an example.
Example:A company issued 10,000 shares of common stock of $5 par value and received $53,000 cash. The company then purchased back 900 shares out of those at $6 per share. The company then resold 500 shares from treasury stock at $6.50 per share.

Cash Dr. 53,000
Common Stock 50,000
Additional Paid-In Capital 3,000
(issue of common stock)
Treasury Stock Dr. 5,400
Cash 5,400
(Treasury Stock purchased)

Cash Dr. 3,250
Treasury Stock 3,000
Additional Paid-In Capital 250
(Treasury Stock resold)

If you are looking for similar Treasury Stock Accounting Journal Entry Examples type assignment, click here . You can visit us for more examples here.

Summary