Treasury stock shares are a. issued shares that are held by the treasurer of the corporation. b. part of the total outstanding shares but not part of the total issued shares of a corporation. c. shares held by the U. S. Treasury Department. d. issued shares held by stockholders in the treasury.

Question

Kody Benitez

Business

6 August, 01:28

Treasury stock shares are a. issued shares that are held by the treasurer of the corporation. b. part of the total outstanding shares but not part of the total issued shares of a corporation. c. shares held by the U. S. Treasury Department. d. issued shares held by stockholders in the treasury.

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Chain · Answer 1

issued shares that have been reacquired by a corporation.

Explanation:

The treasury stock shares are repurchased or reacquired by the issuing corporation or other business entity.

It is to be reflected in the stockholder equity as a deducted amount with a view to finding the correct amount. In this, there is no dividend and no voting rights are entitled.

It is also known as a contra equity account

Note: This is the answer but it is not mentioned in the given options