(Give explanation please) Treasury stock A. is increased when the company issues more shares. B. is...
(Give explanation please) Treasury stock
A. is increased when the company issues more shares.
B. is reported as an asset.
C. is a contra-asset account.
D. reduces the equity value of a company.
Homework Answers
The answer is
D. Reduces the equity value of a company
Treasury shares are the own shares of the the company which are bought back from the market
These shares are shows as a reduction from equity in the balance sheet
And are not treated as an asset
Hence, the answer is D.
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