The Accounting for Treasury Stock Retirements Under IFRS Requires

Multiple Choice

The accounting for treasury stock retirements under IFRS requires

A) a charge for the entire amount to paid-in capital.
B) a charge for the excess to paid-in capital, depending on the original transaction related to the issuance of the stock.
C) a charge for the excess of the cost of treasury stock over par value to retained earnings.
D) an allocation for the difference between paid-in capital and retained earnings.