michaelmars Posted March 10, 2011 Report Share Posted March 10, 2011 a c corp with treasury stock converts to "S". what do i do with the treasury stock? do i but it on the B/S as an adjustment to capital? Just to make this more interesting, the treasury stock is greater than the total capital. Client did this 3/31 and just told me. Quote Link to comment Share on other sites More sharing options...
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