Treasury stocks?

Treasury stocks do not get reported to income statement. Are they part of AFS?

Treasury stock refers to repurchased shares I believe.

Treasury stock is a contra-equity account, listed under shareholders’ equity on the balance sheet. What is “AFS?”

AFS is available for sale securities…

No. Treasury are repurchased shares as Cinderella mentioned.

Treasury stocks are common stocks that were repurchased by using cash. Because cash decreases, to keep the balance sheet balance, equity must also decrease by the same amount. Because treasury stocks decreases equity, it’s a kind of contra-account like accumulated depreciation account in balance sheet.

sgupta0827 Wrote: ------------------------------------------------------- > Treasury stocks do not get reported to income > statement. Are they part of AFS? That’s funny. Treasury stock exists for abusive executive stock option compensation programs. The stock is hardly AFS.

> That’s funny. Treasury stock exists for abusive > executive stock option compensation programs. The > stock is hardly AFS. lol…