NOTES-PART 3.pdf for company share and retained earnibg

this is for

1. JOURNAL
ENTRIES
Particular DebitCredit
Repurchased (unit repurchases X repurchases price)
Treasury Share XXXXX
Bank XXXXX

Treasury Share- Repurchases
-)

2. JOURNAL
ENTRIES
Treasury Share- Reissue
Particular Debit Credit
Above Purchases Price
Bank (unit reissue x reissue price) XXXXX
Treasury Share (unit reissue x repurchases price) XXXXX
Share Capital [unit reissue x (reissue price -repurchases price)] XXXXX
Below Purchases Price
Bank (unit reissue x reissue price) XXXXX
Retained Earnings [unit reissue x (repurchases price -reissue price)]XXXXX
Treasury Share (unit reissue x repurchases price) XXXXX

-
(t)
(t)
(t]
(t)
(-)
C+)

3. JOURNAL
ENTRIES
Particular DebitCredit

Retained Profit XXXXX
Treasury share XXXXX

Treasury Share- Distribution as Dividend
❑Sometimes treasury shares are not reissued for sale but instead are
distributed to shareholders as share dividend.
-)
(+)