What is treasury stock what type of account is treasury, Finance Basics

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What is treasury stock what type of account is treasury

Question: 1. If stock is issued for assets other than cash, describe the recording of this transaction.

2. What is treasury stock? What type of account is Treasury Stock, and what is the account's normal balance?

3. Where and how is treasury stock reported on the balance sheet?

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Finance Basics: What is treasury stock what type of account is treasury

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