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How does reselling treasury stock at a lower price than repurchase affect equity?
If a company repurchased \$300,000 worth of treasury stock and later sold \$120,000 worth, what is the remaining balance in the treasury stock account?
What is the journal entry for repurchasing 7,000 shares of treasury stock at \$50 per share?
Why is treasury stock considered a contra equity account?
What effect does treasury stock have on the equity section of the balance sheet?
Which account balance does treasury stock typically have?
If a company has issued 100,000 shares and 80,000 shares are outstanding, how many shares are held as treasury stock?
A company repurchases 8,000 shares of its stock at a market price of \$35 per share. What is the total cash outflow?
A company repurchases 15,000 shares of its stock at a market price of \$20 per share. What is the total cash outflow?
A company repurchased 12,000 shares and later sold 4,000 shares. What proportion of the original treasury stock was sold?