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@@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
Thank you so much for this!!!! Although I am not yet taking my CPA exam, this has been very helpful for my midterm exam!!!
Most welcome.
Please subscribe and share. If you want to access more resources, check my website:
✔farhatlectures.com/courses
✔Instagram: @farhatlectures
✔ Linkedin: www.linkedin.com/in/professorfarhat/
✔Facebook:@accountinglectures
✔Twitter: @farhatlectures
🎤Email: Mansour.farhat@gmail.com
Why do we ignore that only 25% instead of 100% of the treasury stock was resold?
25% of stock is resold, why are we taking whole 100%
I agree with you. 25% is $100, and $350 goes it Paid in Capital from Treasury Stock
@@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