acct209 at Texas A&M

4. Treasury Stock

in Chapter 11 (Video 4 of 7)
Treasury stock is stock that the company has, for whatever reason, decided to repurchase. We account for treasury stock a little differently, in that there is no par value for it. We do, however, still have an APIC account. How's that work?

Did I miss anything in Chapter 11?

What Did I Miss?