Thank you so much for this!!!! Although I am not yet taking my CPA exam, this has been very helpful for my midterm exam!!!
@AccountingLectures3 жыл бұрын
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@lilittle9203 жыл бұрын
Why do we ignore that only 25% instead of 100% of the treasury stock was resold?
@nehaagarwal41332 жыл бұрын
25% of stock is resold, why are we taking whole 100%
@popopopo5339 Жыл бұрын
I agree with you. 25% is $100, and $350 goes it Paid in Capital from Treasury Stock
@alexndelk2 ай бұрын
@@popopopo5339 correct me if i misunderstood but i think it doesnt matter how much of it was sold. they still have the other 75% treasury stock sitting there. since they sold treasury stock for 450 (only 25% of the total amount of treasury stock) the 450 affects SE