=+d. While it is perhaps in some circumstances permissible to show stock of a corporation held in
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=+d. While it is perhaps in some circumstances permissible to show stock of a corporation held in its oun treasury as an asset, if adequately disclosed, the dividends on stock so held should not be treated as a credit to the income account of the company.
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Accounting Theory Conceptual Issues In A Political And Economic Environment
ISBN: 9780324186239
6th Edition
Authors: Harry I. Wolk, James Dodd, Michael G. Tearney
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