P
pete
How do I account for the return of capital stock to my company treasury,
without any actual exchange of cash? The return was part of a business
deal . My inclination is that I could use "other income"? Sure my
expensive CPA will deal with it at year-end, but would like an idea
beforehand of how something like this will be accounted for.
without any actual exchange of cash? The return was part of a business
deal . My inclination is that I could use "other income"? Sure my
expensive CPA will deal with it at year-end, but would like an idea
beforehand of how something like this will be accounted for.