treasury
(noun)
A place where state or royal money and valuables are stored.
Examples of treasury in the following topics:
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Treasury Stock
- Treasury stock is the corporation's own capital stock it has issued and then reacquired.
- However, firms may reissue treasury stock without violating the preemptive right provisions of state laws; that is, treasury stock does not have to be offered to current stockholders on a pro rata basis.
- Treasury stock can be accounted for using the cost or par value methods.
- When the treasury stock is sold back on the open market, the treasury stock account is reduced (credited) for the original cost and the difference between original cost and sales price is debited or credited to a treasury stock paid in capital account, which is also disclosed in the equity section of the balance sheet.
- Distinguish between the cost method and the par value method of recording treasury stock
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The Common Financial Instruments
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Delphi and Greek Treasuries
- Like the Siphnian Treasury, the Athenian Treasury was constructed entirely of marble.
- Siphnian Treasury, Delphi, Greece.
- Treasury of Athens, Delphi, Greece
- From the east pediment of the Siphnian Treasury.
- Siphnian Treasury, Delphi, Greece.
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Accounting for Sale of Stock
- Treasury stock is issued stock that the company has bought back from its shareholders.
- Treasury stock also doesn't have the right to vote, receive dividends or receive liquidation value.
- If the company plans to re issue the shares in the future, it would hold them in treasury and report the reduction in stockholder's equity on the balance sheet.
- When treasury stock is sold the accounts used to record the transaction will vary depending on whether the stock sold above or below the cost of purchase.
- Summarize how to account for the sale of common stock, preferred stock and treasury stock
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Repurchasing Stock
- The accounts may be called "Treasury stock" or "equity reduction".
- One way of accounting for treasury stock is with the cost method.
- If the treasury stock is sold for more than cost, then the paid-in capital treasury stock is the account that is increased, not retained earnings.
- The firm then resells 7,500 shares of treasury stock for $28.
- The reacquired stock is referred to as treasury stock.
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Does U.S. Treasury Affect the Monetary Base?
- Treasury Department.
- Treasury.
- Treasury T-accounts below:
- Treasury finance budget deficits.
- Treasury are independent.
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Chapter Questions
- Treasury increases its deposits at the Federal Reserve.
- Treasury changes the taxes or changes its borrowing behavior.
- Treasury Department are independent.
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Open Market Operations
- Treasury securities satisfies these conditions.
- Treasury securities market is the broadest and most active of U.S. financial markets.
- A sizable share of the Federal Reserve's holdings is held in Treasury securities with remaining maturities of one year or less.
- At the end of 2004, the Federal Reserve's holdings of Treasury securities were about evenly weighted between those with maturities of one year or less and those with maturities greater than one year.
- Treasury securities held in the Federal Reserve's open market account, December 31, 2004
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Changes in the Monetary Base
- Treasury deposits + Foreign and other deposits + DACI (3)
- Treasury deposits + Foreign and other deposits + DACI + Capital (4)
- Treasury deposits – Foreign and other deposits – Capital (6)
- For example, the Fed has no control over the Treasury deposits, the float (CIPC - DACI), gold certificates, SDRs, and foreign government deposits.
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The Government Debt
- Grant's administration pursued a series of policies to strengthen public credit, reform the Treasury, and reduce the debt.
- Grant's presidency, Treasury Secretary George Boutwell helped reduce federal expenditures to $292 million in 1871, which was down from $322 million in 1869.
- Treasury.
- These changes soon led the Treasury to have a monthly surplus.
- Boutwell served as secretary of the Treasury under Ulysses S.