Differentiate treasury shares from watered stock. (With explanation)
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- Should preferred stock be classified as equity or debt? Explain.Differentiate treasury shares with redeemable shares. (With explanation and example)Which of the following is an appropriate presentation of treasury stock? * O As a marketable security As a deduction at cost from total stockholders' equity As a deduction at cost from total contingent liabilities As a deduction at par from total stockholders' equity
- Why Shares repurchased and not retired are referred to as treasury stock?Which of the following is not a method that may be used to account for treasury shares?a. Cost methodb. Par value methodc. Retained earnings methodd. Constructive retirement methodCCompare and contrast features characteristic of preferred stock(preference shares ) and common stock(ordiary shares)?
- Distinguish between accounting for retired shares and for treasury shares.Record the issuance of the preferred shares?Access the glossary (“Master Glossary”) to answer the following. a. What is a “convertible security”? b. What is a “stock dividend”? c. What is a “stock split”? d. What are “participation rights”?