The company paid cash to acquired some shares of its own and intends to keep the shares for several months for management bonus. Are Dr treasury shares, Cr Cash the double entries? What does keeping the shares for several months for management bonus mean?

The company paid cash to acquired some shares of its own and intends to keep the shares for several months for management bonus. Are Dr treasury shares, Cr Cash the double entries? What does keeping the shares for several months for management bonus mean?

Entrepreneurial Finance

6th Edition

ISBN:9781337635653

Author:Leach

Publisher:Leach

Chapter10: Valuing Early-stage Ventures

Section10.3: Required Versus Surplus Cash

Problem 1CC

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