6. Explain the measurement of treasury shares:

a. When acquired for cash.

b. When acquired for noncash consideration

7. Explain the accounting procedure for the retirement of treasury shares:

a. When the retirement results in a gain.

b. When the retirement results in a loss.

8. Explain the measurement of property dividend payable.

9. Explain the accounting treatment for stock dividends

10. Explain appropriation of retained earnings.

11. Explain the quasi-reorganization