Question and answer
When a company sells treasury stock below its cost, it usually debits the excess of cost over selling price to: Retained Earnings. Paid-in Capital from Treasury Stock. Loss on Sale of Treasury Stock. Paid-in Capital in Excess of Par Value.
When a company sells treasury stock below its cost, it usually debits the excess of cost over selling price to Paid-in Capital from Treasury Stock.
Question
Asked 6/25/2013 1:46:37 PM
Updated 152 days ago|2/19/2018 8:06:54 AM
1 Answer/Comment
Edited by Masamune [2/19/2018 8:06:15 AM]
Get an answer
New answers
Rating
3
When a company sells treasury stock below its cost, it usually debits the excess of cost over selling price to Paid-in Capital from Treasury Stock.
Added 152 days ago|2/19/2018 8:06:54 AM
This answer has been confirmed as correct and helpful.
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
27,104,393
questions answered
GET
Answers.
GET THE APP.
weegy*
*
Get answers from Weegy and a team of really smart live experts.
Popular Conversations
Solve –19 = x – 4
Weegy: x/2 = 6 User: Find the value of x in the equation 9 – 4x = 57
7/20/2018 11:37:44 AM| 4 Answers
What is the name of the mechanical process that breaks up food in the ...
Weegy: User: Sue, a dental hygienist, is getting her instruments ready for her next patient, who is coming for a ...
7/20/2018 2:18:32 AM| 3 Answers
Which of the following is an example of an improper fraction? ...
Weegy: 3 3/5 as an improper fraction is 18/5. User: How are unlike fractions identified? A. The numerators ...
7/13/2018 4:29:47 PM| 3 Answers
S
L
P
Points 207 [Total 407] Ratings 0 Comments 207 Invitations 0 Offline
S
L
Points 198 [Total 198] Ratings 0 Comments 148 Invitations 5 Offline
S
L
R
P
R
Points 137 [Total 460] Ratings 0 Comments 7 Invitations 13 Offline
S
R
L
R
P
R
P
R
R
Points 88 [Total 822] Ratings 0 Comments 8 Invitations 8 Offline
S
Points 49 [Total 49] Ratings 1 Comments 39 Invitations 0 Offline
S
Points 11 [Total 11] Ratings 0 Comments 11 Invitations 0 Offline
S
Points 11 [Total 11] Ratings 1 Comments 1 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 0 Comments 0 Invitations 1 Offline
S
Points 3 [Total 3] Ratings 0 Comments 3 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.