When companies repurchase their own shares, the accounting depends on the purpose for which the shares are

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“When companies repurchase their own shares, the accounting depends on the purpose for which the shares are purchased.” Explain.

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Introduction to Financial Accounting

ISBN: 978-0133251036

11th edition

Authors: Charles Horngren, Gary Sundem, John Elliott, Donna Philbrick

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Question Posted: Feb 20, 2015 09:14 AM

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When companies repurchase their own shares, the accounting depends on the purpose for which the shares are

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If shares are repurchased and permanently retired the purchase price is charge...View the full answer

Introduction to Financial Accounting

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