The entry to record the reissuance of treasury shares above their original acquisition cost includes Select the correct response: a debit to share premium a debit to retained earnings a credit to share premium a debit to both share premium and retained earnings

The entry to record the reissuance of treasury shares above their original acquisition cost includes Select the correct response: a debit to share premium a debit to retained earnings a credit to share premium a debit to both share premium and retained earnings

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter14: Corporation Accounting

Section: Chapter Questions

Problem 15MC: Stockholders equity consists of which of the following? A. bonds payable B. retained earnings and...

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The entry to record the reissuance of treasury shares above their original acquisition cost includes
Select the correct response:
a debit to share premium
O a debit to retained earnings
a credit to share premium
a debit to both share premium and retained earnings

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