FAR 5312018

The par-value method treats the acquisition of treasury stock as a constructive retirement and the resale as a ----------------.

The ------------------ method treats the acquisition of treasury stock as a constructive retirement and the resale as a new issuance.

If a corporation declared a dividend, a portion of which was liquidating, what is decreased?

Additional Paid-in Capital and Retained Earnings are ------------------- if the liquidating dividend is declared.

A --------------------- dividend results in a distribution in excess of the corporation’s retained earnings.

When a corporation declares a dividend consisting of tangible property, the property must first be -------------------------------.

When shares are issued for an amount greater than their par value, the difference is credited to -------------------------------.