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When journalizing the selling of treasury stock at a price below that which we initially bought it for, why is the difference of the amounts
When journalizing the selling of treasury stock at a price below that which we initially bought it for, why is the difference of the amounts journalized under the Cash and Treasury Stock accounts sometimes accounted for entirely with APIC from Treasury Stock and other times split between APICTS and Retained Earnings? What's the difference?
When journalizing the selling of treasury stock at a price below that which we initially bought it for, why is the difference of the amounts journalized under the Cash and Treasury Stock accounts sometimes accounted for entirely with APIC from Treasury Stock and other times split between APICTS and Retained Earnings? What's the difference?
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