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spayn [35]
2 years ago
12

When treasury shares are reissued for an amount greater than cost, the amount over the cost increases

SAT
1 answer:
Sati [7]2 years ago
6 0

When treasury shares are reissued by a business firm for an amount that's greater than cost, the amount divided by the cost increases additional paid-in capital.

<h3>What is treasury shares?</h3>

Treasury shares is also known as treasury stock and it can be defined as a type of stock that's typically bought back by an issuing company from stockholders, so as to reduce the quantity of its outstanding stock on the open market.

This ultimately implies that, the amount divided by the cost increases additional paid-in capital when treasury shares are reissued by a business firm for an amount that's greater than cost.

Read more on treasury shares here: brainly.com/question/13400086

#SPJ1

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monicawiszowata avatar

After receiving the first Holy Communion, this is simply a natural procession in church. Priest will say "The Body of Christ", the receiver says "Amen", and eats the bread. Upon eating the bread, they do the sign of the cross. This is done to symbolise that Christ is among the receiver of the Communion.

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