Is treasury stock an asset? If not, why not?

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Intermediate Accounting Volume 2

ISBN: 9780071091312

5th Edition

Authors: Thomas H. Beechy

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Question Posted: Dec 27, 2011 09:53 AM

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Is treasury stock an asset? If not, why not?

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Treasury stock is not an asset because in many ways it is not different fr...View the full answer

Intermediate Accounting Volume 2

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