Which of the following would affect the Share Premium - Issuance account in relation to treasury shares? reissuance above cost reissuance below cost retirement below par retirement above par

Q: What is the difference between cumulative and non-cumulative preferred stock?

A: Preference stocks are ownership stocks with fixed dividends without any voting rights. Dividends are…

Q: Under the cost method, the journal entry to record the repurchase of a treasury share for more than…

A: Shares mean the small portion of ownership that is issued by the company. When the investor's…

Q: How does preferred stock differ from bothcommon equity and debt? Is preferred stock morerisky than…

A: Difference between equity stock and preference stock: Both equity shares and preference shares…

Q: distinguish between dilutive and antidilutive securities, and describe the implications of each for…

A: Diluted Securities are the financial instruments that can be converted into common stock and may…

Q: Briefly describe some of the similarities and differences between GAAP and IFRS with respect to the…

A: Generally Accepted Accounting Principles:   GAAP (Generally Accepted Accounting Principles) is a…

Q: By default, issuance costs of shares is debited to Share Capital Retained Earnings Issuance Cost…

A: There are 2 methods to deal with the share issue cost. 1.  Share issue cost are debited to share…

Q: Compare and contrast features characteristic of preferred stock(preference shares ) and common…

A: Shareholder’s equity:   Shareholder’s equity is the difference between the total assets and the…

Q: When treasury stock is purchased for more par value of the stock and the cost method is used to…

A: Hi student Since there are multiple questions, we will answer only first question.

Q: Share Premium account is recorded as a credit when- a) Shares are sold higher than par value b)…

A: Shares are issued to shareholders against investment made by them into the business.  Shares can be…

Q: Discuss why options and warrants may be considered potentially dilutive common shares for the…

A:

Q: See

A: a. Share Capital – Ordinary as of December 31, 2021       -  P1689600 b.  Share Premium – Ordinary…

Q: Which of the following does not represent a pair of GAAP/IFRS-comparable terms? a.    Additional…

A: GAAP are the general accounting principles which are to be followed by the U.S companies in…

Q: en treasury shares are rčissued at mmore than the reacquisition cost, the excess of the reissuance…

A: The stock split do not effect the total shareholders equity of the business.

Q: When treasury stock is purchased for more than the par value of the stock and the cost method is…

A: Treasury stock means where the own stock has been repurchased by company from open market and can be…

Q: Considering the same amount of reserves in the equity, which of the following kinds of preference…

A: Company means a form of business where the share holder invest money in business in form of shares…

Q: Which of the following methods should be used to account for the conversion of preferred stock to…

A: Common stock and preferred stock are two types of shares issued by a company. Preferred stock is…

Q: Describe the two components of the proceeds used in the treasury stock method and howrestricted…

A: The term treasury stock method is basically used when the outstanding number of shares are created…

Q: When treasury shares are reissued at more than the reacquisition cost, the excess of the reissuance…

A: When treasury shares are reissued excess over of purchase cost we will transfer such difference to…

Q: Discuss the conceptual basis for accounting for a share buyback as treasury stock.

A: Treasury Stock: It refers to the shares that are reacquired by the corporation that are already…

Q: when shares are issued at a premium the value of the share premium should be :

A: Answer:   Option c.

Q: What are the computational guidelines for determiningwhether a convertible security is to be…

A: Convertible securities: Convertible security is a security that has the potential to be converted to…

Q: Explain how convertible securities are determined to bepotentially dilutive common shares and how…

A:

Q: What happens to the par value, the share’s trading price, and the number of shares outstanding in a…

A: If stock is split in a 2-for-1, there were following changes: Par value: The par value of share gets…

Q: Explain the accounting for issuance of par value shares and no-par value shares.

A: The base cost at which a class of shares or stocks can be exchanged on the underlying contribution…

Q: Which of the following is not true for Book Value of a share? * It depends on the balance sheet…

A: Book value of share: The book value is calculated on the basis of the book value of assets and…

Q: xplain the methods of acquiring and accounting for treasury share

A: Treasury shares are shares re acquired or bought back by the company from its shareholders . The…

Q: When non-par value shares are reacquired at a cost greater than their average issue price and…

A: Stock that has no par value is known as no-par value stock. The price that investors are ready to…

Q: When computing diluted earnings per share, which of the following will not be considered in the…

A: Diluted earnings per share are calculated considering the potential common shares or convertible…

Q: Treasury shares are accounted for using the Fair value method O Cost method a or b neither a nor b

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: Dividends in arrears pertain to non-cumulative preferred stock.   True or False

A: Non-cumulative Preferred Stock are those on which dividend is not accumulated and carry forward. So…

Q: What is the difference between the fully paid shares and the partially paid shares?

A: Equity: It is the amount shareholder invested in the company. This is the difference between total…

Q: The treasury stock method is used to incorporate the dilutive effect of stock options, stock…

A: Diluted EPS( Earning per share) means potential increase in the no of shares and thereby decreasing…

Q: What are the differences of the preferred stock features: cumulative dividends, participating,…

A: Preferred stock is a type of company stock that differs from ordinary stock in that it has special…

Q: Some companies issue shares at a premiumand others at discount. What are the factors influencing the…

A: Shares- A share is a piece of property that can be freely transferred unless the law or a contract…

Q: Explain the treasury-stock method as it applies to options and warrants in computing dilutive…

A: Potentially dilutive security:   Potentially dilutive security refers to a security that can be…

Q: Explain the treasury-stock method as it applies to optionsand warrants in computing dilutive…

A: Treasury stock: The shares which were reacquired or bought back by the company, but not formally…

Q: Earnings per share (EPS) should be computed on the basis of A. Voting ordinary shares B. Voting…

A: Earnings per share (EPS) is the that value of share which will get when the net income which is…

Q: Which of the following is not a method that may be used to account for treasury shares? a. Cost…

A: The treasury shares are the shares which are reacquired by the issuing company from the…

Q: What terminology best describes the EPS (earnings per share) formula below?  Net income available…

A: Earnings per share (EPS) represent the earnings earned for each share of the company. As per the…

Q: Which of the following is issued to shareholders to acquired unissued or treasury shares within a…

A: Issue of shares is an important source of funds arrangement for the business. These can be ordinary…

Q: Distinguish between accounting for retired shares and for treasury shares.

A: Retire stock: Buy back of shares from the shareholders by paying cash and obtaining the status of…

Q: What are the differences between common stocks and preferred stocks in terms of the rights of…

A: The common stock refers to that stock which is common in nature and has the voting rights of the…

Q: The excess of retirement cost over the original issuance price is * Debited to Share Premium -…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: Describe the usual nature of the following features as theyapply to a share of preferred stock: (a)…

A: The company can increase the capital by issuing the shares, bonds, debentures, etc., These are…

Q: Which of the following should be reported for share capital? Select one: a. The shares outstanding…

A: Shares represents the portion or percentage of ownership interest of the shareholders in the entity.…