Treasury Stock Question

  • Creator
    Topic
  • #173673
    Givemesleep
    Member

    When using the cost method and a company repurchased T-stock how do you treat a small brokerage fee for the transaction? I am thinking maybe reduce apic or just expense it. Any chance it is added to cost of the T-stock?

    Reg 11/15/2011 - 80
    Aud 02/28/2012 - 81
    Bec 05/31/2012 - 78
    Far 08/31/2012 - 83 Do you believe in Miracles, YES !!!

    CPA License received 10/2012 !!
    CFE License received 04/2013 !!
    EA License received

    Givemesleep

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  • Author
    Replies
  • #365406
    mla1169
    Participant

    I am laughing hysterically here, little too obvious, no?

    FAR- 77
    AUD -49, 71, 84
    REG -56,75!
    BEC -75

    Massachusetts CPA (non reporting) since 3/12.

    #365407
    Givemesleep
    Member

    Actually I am studying for a retake and came across this in cpareviewforfree question

    Reg 11/15/2011 - 80
    Aud 02/28/2012 - 81
    Bec 05/31/2012 - 78
    Far 08/31/2012 - 83 Do you believe in Miracles, YES !!!

    CPA License received 10/2012 !!
    CFE License received 04/2013 !!
    EA License received

    Givemesleep

Viewing 2 replies - 1 through 2 (of 2 total)
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